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 rose 0.91% to $4,862.49, extending its winning streak to three days. Wall Street flashed green on strong corporate earnings. The Nasdaq Composite (+1.59%) and S&P 500 (+1.20%) recouped last week’s losses as the Dow Jones Industrial Average (+0.69%) stayed in positive territory.
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 turned positive, edging 0.17% higher to $4,756.21. The blue-chip Dow Jones Industrial Average (+0.17%) snapped its six-day losing streak, while the S&P 500 (-0.21%) and Nasdaq Composite (-0.12%) finished with modest losses. With interest rates to remain high indefinitely, the ten-year Treasury yield rose to 4.665%.
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.
Executive Mosaic’s GovCon Index turned positive, finishing at $4,818.61 on a modest 0.16% gain. Wall Street regained lost ground following the rally of tech stocks. The Nasdaq Composite (+1.68%) recorded its highest close, while the S&P 500 gained 0.74%. Only the Dow Jones Industrial Average (-0.01%) underperformed or is flat.
Executive Mosaic’s GovCon Index dropped 1.09% to $4,846.59 after most of its constituents fell in the red zone. The blue-chip Dow Jones Industrial Average (-0.02%) was flat, while the benchmark S&P 500 (+0.14%) and tech-heavy Nasdaq Composite (+0.32%) rebounded from early losses.
Executive Mosaic’s GovCon Index ticked lower to $4,870.19 (-0.33%) and has lost 1.9% since April 1st. Wall Street was under pressure due to rate cuts uncertainty. The blue-chip Dow Jones Industrial Average (-0.11%) dropped to a two-week low, while the S&P 500 (+0.11%) and Nasdaq Composite (+0.23%) posted moderate gains.
Executive Mosaic’s GovCon Index slipped 0.66% to $4,930.46 after a strong showing in March. The Dow Jones Industrial Average (-0.60%) and S&P 500 (-0.20%) fell from their record highs. Only the Nasdaq Composite (+0.11%) advanced to start April and a new quarter. Also, the ten-year Treasury yield rose to 4.319%.
