Executive Mosaic’s GovCon Index had a strong start for the week, rising 0.78% to $153.21. The S&P 500 Index (+0.39%) and the Nasdaq Composite registering six straight weeks of gains. For the Dow Jones Industrial Average (+0.43%), it was the third winning day and highest close since January 2022.
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December 7 Market Report: Executive Mosaic’s GovCon Index Extends Losing Streak, US Indexes Tick Higher
Executive Mosaic’s GovCon Index registered a three-day losing streak after dipping 0.30% to $151.66. All three major indexes fared better, with the tech-heavy Nasdaq Composite gaining 1.37%. The Dow Jones Industrial Average (+0.17%) and S&P 500 Index (+0.18%) ticked higher to remain near their highest levels since March 2022.
December 6 Market Report: Executive Mosaic’s GovCon Index Slides, Wall Street Turns Red
Executive Mosaic's GovCon Index drooped lower for the second straight day (-0.26%), closing at $152.12. Wall Street turned red, with all three major indexes retreating. Energy stocks retreated mid-week and pulled down the Dow Jones (-0.19%) and S&P 500 (-0.39%). The Nasdaq Composite gave up 83.2 points or 0.58%.
December 5 Market Report: Executive Mosaic’s GovCon Index Snaps Winning Streak, Dow Jones and S&P 500 Cool
Executive Mosaic's GovCon Index dipped 1.01% to $152.51, ending its four-day winning streak. The Dow Jones Industrial Average (-0.22%) and the S&P 500 lost steam too not the Nasdaq Composite (+0.31%). Despite the lackluster Tuesday, the major indexes remain up for the quarter and the year.