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.
Executive Mosaic’s GovCon Index ended its seven-day winning streak following a 0.89% decline to $5,025.37. The Dow Jones Industrial Average (-1.53%) shed 605 points for its worst session in 2024, while the S&P 500 (-0.74%) dropped to a one-week low. Around 78% of Nasdaq Composite (-0.39%) constituents declined.
Executive Mosaic’s GovCon Index closed at $4,923.43 or 0.58% higher to continue its strong start in May. The 42.2% month-on-month drop in non-farm payrolls lifts Wall Street. All major indexes surged, with Nasdaq Composite rising nearly 2%, followed by the S&P 500 (+1.26%) and the Dow Jones Industrial Average (+1.18%).
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.
Executive Mosaic’s GovCon Index lost steam mid-week, sliding 0.56% lower to $4,835.43. The earnings season went into high gear but was inadequate to buoy the markets. All three major indexes hardly moved, although the S&P 500 (+0.02%) and Nasdaq Composite (+0.10%) ended positive on very modest gains.
Executive Mosaic’s GovCon Index stayed positive, rising 0.64% to 4,818.03. Wall Street’s major indexes flashed green to start a fresh and busy week. The S&P 500 (+0.87%) and Nasdaq Composite (+1.11%) ended their slumps, while the Dow Jones Industrial Average (+0.675) advanced triple digits.
Executive Mosaic’s GovCon Index declined 0.11% to end lower at $4,735.44 for the second straight day. Wall Street barely moved, although the Dow Jones Industrial Average (+0.06%) ended positive. The S&P 500 (-0.22%) and tech-heavy Nasdaq Composite (-0.52%) stayed in the negative zone. The ten-year Treasury yield rose to 4.64%.
Executive Mosaic’s GovCon Index is back in negative territory, dipping 0.33% to $4,740.64. Wall Street extended its slump, aided by the weakness of tech stocks. The Nasdaq Composite (-1.15%) and the S&P 500 (-0.58%) registered their fourth straight losing session, while the blue-chip Dow Jones Industrial Average (-0.12%) edged lower.
Executive Mosaic’s GovCon Index slumped for the second consecutive session, dropping 0.69% to $4,743.93. Wall Street flashed red due to inflation and geopolitical risks. The blue-chip Dow Jones Industrial Average (-0.65%) marked its sixth-losing day, while the S&P 500 and Nasdaq Composite lost more than one percent.
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.
