Executive Mosaic’s GovCon Index recovers from a sharp loss, rising 0.64% to $5,055.57. Wall Street’s major stock indexes ended positive before the weekend, with the Nasdaq Composite setting a new record following a 1.1% advance. The S&P 500 (+0.705) ticked higher, while the Dow Jones Industrial Average (+0.01%) was flat.
September 20, 2024
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GovCon News
May 28 Market Report: Executive Mosaic’s GovCon Index Flashes Red, Nasdaq Soars to New Record High
Executive Mosaic’s GovCon Index flashed red, declining 1.43% to $4,983.32. Despite a quiet trading day at Wall Street, the Nasdaq Composite closed above 17,000 for the first time and set another fresh record. The S&P 500 (+0.02%) advanced slightly, while the blue-chip Dow Jones (-0.55%) shed more than 200 points.
May 29 Market Report: Executive Mosaic’s GovCon Index Skids, Fear Grips Wall Street
Executive Mosaic’s GovCon Index skidded 1.4% for the second straight day, closing lower at $4,912.79. Wall Street’s major market indexes finished in the red, with the Dow Jones Industrial Average giving up 411.32 points (-1.06%). The benchmark S&P 500 (-0.74%) and Nasdaq Composite (-0.58%) erased gains from the previous session.
May 30 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain Amid Market Selloff
Executive Mosaic’s GovCon Index ended slightly higher at $4,943.86 following a modest 0.63% gain. Risk-off sentiment prevailed Thursday, with all major indexes closing in the red. The Nasdaq Composite fell 1.08%, while the blue-chip Dow Jones Industrial Average (-0.86%) and S&P 500 (-0.60%) dropped to 2-week and 4-week lows, respectively.
May 31 Market Report: Executive Mosaic’s GovCon Index Picks Up Steam, Best Day for Dow Jones
Executive Mosaic’s GovCon Index picked up steam, rising 1.12% to $4,998.95. Wall Street regained strength, with the Dow Jones Industrial Average climbing more than 570 points (+1.51%) to mark its best day in 2024. The S&P 500 (+0.80%) kept pace, while the Nasdaq Composite (-0.01%) stepped in the red zone.
June 3 Market Report: Executive Mosaic’s GovCon Index Drops, Wall Street Settles Mixed
Executive Mosaic’s GovCon Index dropped 0.67% to $4,965.64 following a slump to start the week. The Dow Jones Industrial Average, coming from its best day in 2024 last Friday, skidded 0.30%, while the Nasdaq Composite (+0.56%) and S&P 500 (+0.11%) ticked higher.
June 4 Market Report: Executive Mosaic’s GovCon Index Ticks Higher, Wall Street Recovers
Executive Mosaic’s GovCon Index rose 0.15% to $4,973.02 and averted a second straight day of losses. Cooling Jobs Opening and Labor Turnover Survey results in April buoyed investors’ sentiment. The Dow Jones Industrial Average (+0.35%), Nasdaq Composite (+0.17%), and S&P 500 (+0.15%) turned green at closing bell.
June 5 Market Report: Executive Mosaic’s GovCon Index Climbs, New Record Highs on Wall Street
Executive Mosaic’s GovCon Index advanced for the second straight day, rising modestly to $4,986.25 (+0.27%). On Wall Street, the rate cut across the border lifted the S&P 500 (+1.18%) and Nasdaq Composite (+1.96%) to new record highs. The Dow Jones Industrial Average (+0.25%) rose nearly 100 points.
June 6 Market Report: Executive Mosaic’s GovCon Index Slips, Wall Street Ends Mixed
Executive Mosaic’s GovCon Index snapped its two-day winning streak, slipping 0.29% to $4,971.84. The Nasdaq Composite (-0.09%) and S&P 500 (-0.02%) settled slightly lower from their record highs, while the Dow Jones Industrial Average (+0.20%) inched higher. Investors await important employment data due Friday.
June 7 Market Report: Executive Mosaic’s GovCon Index and Wall Street Settle Lower, US Feds to Meet Next Week
Executive Mosaic’s GovCon Index fell for the second straight day, sliding 0.37% to $4,953.15. All major U.S. indexes turned red as hopes of a rate cut fade. The Nasdaq Composite (-0.23%) and S&P 500 (-0.11%) dipped from their record highs, while the Dow Jones Industrial Average (-0.22%) ticked lower.
June 10 Market Report: Executive Mosaic’s GovCon Index Rises on Mild Gain, Wall Street Turns Green
Executive Mosaic’s GovCon Index ended in positive territory, rising to $4,953,15 on a tiny 0.02% gain. Wall Street turned green, also on mild gains by the Dow Jones Industrial Average (+0.18%), S&P 500 (+0.36%) and Nasdaq Composite (+0.25%). Still, the tech-heavy index notched a new record high.
June 11 Market Report: Executive Mosaic’s GovCon Index Slides as S&P 500 and Nasdaq Post New Highs
Executive Mosaic’s GovCon Index closed in the red, sliding 0.32% to $4,938.56. On Wall Street, the benchmark S&P 500 (+0.27%) and tech-heavy Nasdaq Composite (+0.88%) finished with new record highs. The Dow Jones Industrial Average (-0.31%) lost steam and shed 120 points.
