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%.
Executive Mosaic’s GovCon Index continued its momentum, rising 0.32% to $4,962.45 as 80% of its constituents advanced. Wall Street’s top stock market indexes regained ground and settled higher. The tech-heavy Nasdaq Composite (+0.58%) led the recovery from Tuesday's selloff. GCI stocks Palantir Technologies (NYSE: PLTR) and AeroVironment (Nasdaq: AVAV) outperformed.
Executive Mosaic’s GovCon Index is back in positive territory after rising 0.23% to $4,840.68. The Dow Jones Industrial Average (-0.25%) declined, while the S&P 500 (+0.17%) and Nasdaq Composite (+0.23%) posted modest gains. Still, Wall Street’s major indexes closed near record levels. Strong earnings growth by S&P 500 companies.
Executive Mosaic’s GovCon Index closed 0.40% lower to $4,678.90 at the start of the holiday-shortened week. Wall Street flashed red due to the pullback of tech stocks. The Nasdaq Composite declined nearly 1%, while the Dow Jones Industrial (-0.17%) and S&P 500 (-0.60%) finished in the red too.
Executive Mosaic’s GovCon Index slipped 0.17% to $4,788.02 but still gained nearly 1% amid a turbulent the week. However, Wall Street’s major indexes broke their five-week winning streaks. The Dow Jones Industrial Average (-0.37%) and the benchmark S&P 500 Index (-0.48%) ticked lower, while the tech-heavy Nasdaq Composite fell -0.82%
Executive Mosaic’s GovCon Index stayed positive and closed slightly higher at $4,699.42 (+0.06%). Wall Street’s major indexes had limited gains, although the benchmark S&P 500 Index (+0.06%) still posted a new record high. The Dow Jones Industrial Average (+0.13%) and Nasdaq Composite (+0.24%) held steady due to strong corporate earnings.
Executive Mosaic’s GovCon Index rose 1.04% to $4,607.73 as the broad market rally on Thursday ended Wall Street’s slump. The Nasdaq Composite (+1.35%) and the blue-chip Dow Jones Industrial Average (+0.54%) recouped their losses, while the S&P 500 (+0.88%) inched closer to its record-high close registered in January 2022.
Executive Mosaic’s GovCon Index lost 0.25% to close lower at $4,559.91. The Dow Jones Industrial (-0.25%), S&P 500 (-0.56%), and Nasdaq Composite (-0.59%) slipped anew as investors’ expectations of early rate cuts dim. The ten-year Treasury yield rose to 4.113% and added pressure on stocks.
Executive Mosaic’s GovCon Index closed 0.20% lower to $4,575.60, extending its slump to three days. Major indexes tried to shake off the rocky start in 2024, but only the Dow Jones Industrial Average (+0.03%) eked out a gain. The S&P 500 (-0.34%) and Nasdaq Composite (-0.56%) stayed in red territory.
Executive Mosaic’s GovCon Index fell sharply to $4,584.88 after losing 1.43%. The expected continuation of the Santa Claus Rally until January 3 fizzled out. Instead, the Nasdaq Composite (-1.18%), S&P 500 (-80%), and the Dow Jones Industrial Average (-0.76%) lost ground and posted negative returns.
