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March 12 Market Report: Executive Mosaic’s GovCon Index Turns Positive, U.S. Stocks Rally on Not-so-Bad Inflation Data
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March 12 Market Report: Executive Mosaic’s GovCon Index Turns Positive, US Stocks Rally on Not-so-Bad Inflation Data

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%.