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.
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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.
April 12 Market Report: Executive Mosaic’s GovCon Index Ends Lower, Heightened Mid-East Tension Sends Wall Street Crashing
Executive Mosaic’s GovCon Index ends sharply lower at $4,780.55 (-0.80%), erasing its modest gains Thursday. Heightened tension in the Middle East sent Wall Street crashing. The blue-chip Dow Jones Industrial Average (-1.24%) shed 475 points, and the S&P 500 sank 1.46%, while the Nasdaq Composite (-1.62%) fell from its record.
April 10 Market Report: Executive Mosaic’s GovCon Index Slides, US Stocks Retreat on Hot Inflation Data
Executive Mosaic’s GovCon Index declined 0.74% to $4,810.82 and has lost 2.4% since April 1. U.S. stocks retreated due to the unfavorable inflation data. The S&P 500 (-0.95%) dropped to a three-low year, while the Dow Jones Industrial Average (-1.09%) shed 423 points and the Nasdaq Composite (-0.84%) closed lower.
April 9 Market Report: Executive Mosaic’s GovCon Index Drops, Mixed Closing on Wall Street
Executive Mosaic’s GovCon Index dropped 1.09% to $4,846.59 after most of its constituents fell in the red zone. The blue-chip Dow Jones Industrial Average (-0.02%) was flat, while the benchmark S&P 500 (+0.14%) and tech-heavy Nasdaq Composite (+0.32%) rebounded from early losses.
April 1 Market Report: Executive Mosaic’s GovCon Index Slips to Kick Off 2nd Quarter, Major Indexes Close Mixed
Executive Mosaic’s GovCon Index slipped 0.66% to $4,930.46 after a strong showing in March. The Dow Jones Industrial Average (-0.60%) and S&P 500 (-0.20%) fell from their record highs. Only the Nasdaq Composite (+0.11%) advanced to start April and a new quarter. Also, the ten-year Treasury yield rose to 4.319%.
March 28 Market Report: Executive Mosaic’s GovCon Index Ends Shortened Week in Positive Zone
Executive Mosaic’s GovCon Index rose 0.41% to $4,963.08 and kept pace with Wall Street’s push to new record highs. While the tech-heavy Nasdaq Composite (-0.12%) closed in the red, the S&P 500 (+0.11%) and Dow Jones Industrial (+0.12%) gained to post their best first quarters since 2019 and 2021, respectively.
March 22 Market Report: Executive Mosaic’s GovCon Index Extends Slide, Wall Street Retreats from Record Highs
Executive Mosaic’s GovCon Index ticked lower for the second straight day, slipping 0.45% to $4,880.65. Wall Street paused from its record performance, with the Dow Jones Industrial Average (-0.77%) and S&P 500 (-0.14%) closing in the red. However, the Nasdaq Composite (+0.16%) advanced and posted its 11th straight weekly gain.