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.
Tag: Boeing
May 21 Market Report: Executive Mosaic’s GovCon Index Extends Hot Streak to 6 Days, New Closing Highs at Wall Street
Executive Mosaic’s GovCon Index is on a roll, rising to $5,069.49 on another modest gain. The Dow Jones Industrial Average (+0.17%) turned positive, while the S&P 500 (+0.25%) and Nasdaq Composite (+0.22%) registered new closing highs. Strong quarterly earnings drove Wall Street higher.
May 16 Market Report: Executive Mosaic’s GovCon Index Goes Against Tide, Major Stock Indexes Drift Lower
Executive Mosaic’s GovCon Index stayed positive, rising 0.36% to $5,039.19. Wall Street’s top three stock indexes lost steam and ended in the red zone. The Dow Jones Industrial Average (-0.10%) breached 40,000 at one point before settling lower, while the Nasdaq Composite (-026%) and S&P 500 (-0.21%) also turned red.
May 15 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Cooler Inflation Lifts US Stock Indexes
Executive Mosaic’s GovCon Index stayed positive, rising 0.19% to $5,021 for another daily gain. All three major stock indexes posted news highs due to lower inflation readings in April. The Nasdaq Composite (+1.17%) and S&P 500 (+1.17%) finished strong, while the blue-chip Dow Jones (+0.885) closed near the 40,000 level.
May 8 Market Report: Executive Mosaic’s GovCon Index Slips, Breaks Winning Streak
Executive Mosaic’s GovCon Index ended its four-day winning streak, following a 0.01% slip to $4,986.08. Stock movement was limited mid-week, although the Dow Jones Industrial Average (+0.44%) rose for the sixth consecutive session. The benchmark S&P 500 was flat, while the Nasdaq Composite (-0.18%) drifted lower.
May 6 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Also Rises
Executive Mosaic’s GovCon Index surged 1.19% to $4,982.77 for its fourth consecutive daily gain. The Nasdaq Composite had the same percentage gain, while the Dow Jones Industrial Average (+0.46%) and S&P 500 (+1.03%) marked their four-day and three-day win streaks. Wall Street picked up steam from April's weak jobs data.
May 3 Market Report: Executive Mosaic’s GovCon Index Extends Winning Streak, Weaker Jobs Data Lifts Wall Street
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%).
May 2 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Wall Street Regains Strength
Executive Mosaic’s GovCon Index edged 0.08% higher to $4,894.92, clinging to gains. All three major U.S. stock indexes overcame the headwind and ended positive. Tech stocks rallied to help the Nasdaq Composite rise 1.5%. The Dow Jones Industrial Average (+0.85%) and S&P 500 (+0.91%) trimmed their losses.
May 1 Market Report: Executive Mosaic’s GovCon Index Rises Slightly, Markets Lose Steam
Executive Mosaic’s GovCon Index turned positive mid-week, rising 0.14% to $4,891.06. Wall Street’s major indexes settled mixed, with the Dow Jones Industrial Average (+0.23%) closing modestly higher. The S&P 500 (-0.34%) and Nasdaq Composite (-0.33%) declined due to inflation risks. The U.S. Federal Reserve said interest rates will remain high.
April 29 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Strong Q1 Earnings Prop Markets
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.