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September 20 Market Report: GovCon Index in Green, US Stock Indices Sink as Feds Pause Rate Hike but Hints One More Before Year-End

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October 23, 2023December 1, 2023Financial Reports, News-comment

September 20 Market Report: GovCon Index in Green, US Stock Indices Sink as Feds Pause Rate Hike but Hints One More Before Year-End

Executive Mosaic’s GovCon Index stayed afloat mid-week, gaining a modest 0.02% to close at $138.65. Unfortunately, all major US stock indices sank after the Feds kept its benchmark rate unchanged, but hints of one more hike before the year ends.