Executive Mosaic’s GovCon Index declined 0.42% to $4,886.91, its third daily loss in five sessions this week. The tech-heavy Nasdaq Composite (+0.12%) ended positive, while the Dow Jones Industrial (-0.15%) and the S&P 500 (-0.04%) ticked lower. Wall Street lost steam, with 78% of NYSE stocks declining before the weekend.
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June 12 Market Report: Executive Mosaic’s GovCon Index Edges Higher, Feds Sees 1 Rate Cut in 2024
Executive Mosaic’s GovCon Index finished positive at $4.946.42, following a modest 0.16% gain. The Nasdaq Composite (+2.42%) closed at 17,608.44 for a new all-time high, while the S&P (+1.12%) ended above 5,400 for the first time. Only the Dow Jones Industrial Average (-0.40%) had negative returns mid-week.
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.
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 24 Market Report: Executive Mosaic’s GovCon Index Bounces Back, Nasdaq Sets Fresh Record
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.
May 22 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Wall Street Retreats
Executive Mosaic’s GovCon Index stayed positive, ending at $5,070.54 (+0.02%) following a tiny gain. However, Wall Street retreats as rate cuts hope dim. The Dow Jones Industrial Average (-0.51%) had its worst trading day in May, while the S&P 500 (-0.27%) and Nasdaq Composite (-0.18%) lost steam.
May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark
Executive Mosaic’s GovCon Index closed 0.25% higher at $5,051.61, registering its fourth straight daily gain. The blue-chip Dow Jones Industrial Average (+0.34%) ended above 40,000 for the first time in 139 years, while the S&P 500 (+0.12%) inched higher. Only the Nasdaq Composite (-0.07%) turned red before the weekend.
May 9 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Dow Jones Hits 5-Week High
Executive Mosaic’s GovCon Index turned positive, rising 0.79% to $5,025.82. The blue-chip Dow Jones (+0.85%) locks in its seventh straight session, while the S&P 500 (+0.51%) topped 5,200 and the Nasdaq Composite (+0.27%) ticked higher. New unemployment data lifted Wall Street.
May 7 Market Report: Executive Mosaic’s GovCon Index Holds Steady, Wall Street Ends Mixed
Executive Mosaic’s GovCon Index held steady, rising modestly to $4,986.68 (-0.08%) despite half of its components falling in red territory. The Dow Jones Industrial Average (+0.08%) and S&P 500 (+0.13%) edged higher, while the Nasdaq Composite (-0.10%) closed slightly lower.
April 29 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Strong Q1 Earnings Prop Markets
Executive Mosaic’s GovCon Index drifts moderately higher to $4,915.21, gaining 0.21% to start the week. Strong corporate earnings prop Wall Street, with the S&P 500 (+0.32%) and Nasdaq Composite (+0.35%) rising to two-week highs. The blue-chip Dow Jones Industrial Average (+0.38%) gained 146 points.