Executive Mosaic’s GovCon Index turned positive again after drifting 0.17% higher to $4.906.30. All the major U.S. indexes reacted favorably to the latest inflation data, with the Nasdaq Composite (+1.54%) leading the rally. The S&P 500 (+1.12%) recorded another record close, while the Dow Jones Industrial Average gained 0.61%.
Tag: Accenture
March 8 Market Report: Executive Mosaic’s GovCon Index Snaps Winning Streak, Wall Street Pulls Back
Executive Mosaic’s GovCon Index slipped 0.60% to $4,938.26 and snapped its four-day winning streak. Wall Street pulled back amid shaky trading and profit-taking. The Nasdaq Composite fell 1.16% after its top stock had its worst day, while the blue-chip Dow Jones Industrial Average (-0.18%) and S&P 500 (-0.65%) drifted lower.
March 1 Market Report: Executive Mosaic’s GovCon Index Retreats, Major US Indexes Advance
Executive Mosaic’s GovCon Index edged 0.15% lower to $4,844.11 to start March. However, the major U.S. indexes advanced, with the tech-heavy Nasdaq Composite (+1.14%) registering a new record high of 16,274.94. The S&P (+0.80%) closed above 5,100 for the first time, while the Dow Jones (+0.23%) added 90.99 points.
February 12 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Big Three Stay Within Record Levels
Executive Mosaic’s GovCon Index edged higher to $4,751.25 to keep its momentum going from last week. The Dow Jones Industrial Average (+0.33%) rose modestly but still posted a new all-time high. Both the S&P 500 (-0.09%) and Nasdaq Composite (-0.30%) slipped after Monday’s early rally fizzled.
February 6 Market Report: Executive Mosaic’s GovCon Index Advances, GCI Stock Shines!
Executive Mosaic’s GovCon Index advanced 0.90% to $4,657.29 and returned to positive territory, with one constituent notching a record gain. Wall Street’s major indexes recovered from Monday’s selloff but with small gains. The benchmark ten-year Treasury note fell to 4.09% from its 11-day high of 4.177% in the previous session.
December 22 Market Report: Executive Mosaic’s GovCon Index Advances as Wall Street Nears Record High
Executive Mosaic’s GovCon Index ended with positive returns, rising 0.57% to $4,635.67. The benchmark S&P 500 (+0.17%) registered its longest winning streak since 2017, while the Nasdaq Composite (+0.19%) ticked higher. Only the Dow Jones Industrial Average finished in the red, although it hit a record high during the week.
December 21 Market Report: Executive Mosaic’s GovCon Index Turns Green, Wall Street Rally Resumes
Executive Mosaic’s GovCon Index turned green, with gainers lifting the total to $4,609.23. All the major U.S. indexes recovered from their sharp drops on mid-week. The Dow Jones Industrial climbed more than 300 points, while the Nasdaq Composite ticked higher. The S&P 500 is within 1% of its all-time high.
November 15 Market Report: Executive Mosaic’s GovCon Index Slips, Big Three Extend Rally
Executive Mosaic’s GovCon Index slips 0.47% to $144.31 amid the Big Three's extended rally. The benchmark S&P 500 and the tech-heavy Nasdaq Composite gained 0.16% and 0.07% following their powerful rallies the day before. Despite losing steam in the final hour, the blue-chip Dow Jones (+0.47%) closed with modest gains.
November 13 Market Report: Executive Mosaic’s GovCon Index and Dow Jones Gain as Moody’s Downgrades US Credit Outlook
Executive Mosaic’s GovCon Index edged 0.80% higher to $143.55 along with the Dow Jones Industrial Average (+0.21%) to start the week. However, the S&P 500 (-0.02%) and the Nasdaq Composite fell slightly due to Moody’s downgrading of U.S. credit from stable to negative.