Executive Mosaic’s GovCon Index snapped its two-day winning streak, slipping 0.29% to $4,971.84. The Nasdaq Composite (-0.09%) and S&P 500 (-0.02%) settled slightly lower from their record highs, while the Dow Jones Industrial Average (+0.20%) inched higher. Investors await important employment data due Friday.
Tag: Carlyle Group
May 29 Market Report: Executive Mosaic’s GovCon Index Skids, Fear Grips Wall Street
Executive Mosaic’s GovCon Index skidded 1.4% for the second straight day, closing lower at $4,912.79. Wall Street’s major market indexes finished in the red, with the Dow Jones Industrial Average giving up 411.32 points (-1.06%). The benchmark S&P 500 (-0.74%) and Nasdaq Composite (-0.58%) erased gains from the previous session.
May 28 Market Report: Executive Mosaic’s GovCon Index Flashes Red, Nasdaq Soars to New Record High
Executive Mosaic’s GovCon Index flashed red, declining 1.43% to $4,983.32. Despite a quiet trading day at Wall Street, the Nasdaq Composite closed above 17,000 for the first time and set another fresh record. The S&P 500 (+0.02%) advanced slightly, while the blue-chip Dow Jones (-0.55%) shed more than 200 points.
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 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 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 22 Market Report: Executive Mosaic’s GovCon Index and Major US Stock Indexes Post Gains to Start a New Trading Week
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.
April 12 Market Report: Executive Mosaic’s GovCon Index Ends Lower, Heightened Mid-East Tension Sends Wall Street Crashing
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.
April 9 Market Report: Executive Mosaic’s GovCon Index Drops, Mixed Closing on Wall Street
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.
March 20 Market Report: Executive Mosaic’s GovCon Index Rises Again, Wall Street Buoyed by Clear Rate Path
Executive Mosaic’s GovCon Index advanced 0.74% to $4.919.04. All three major U.S. stock indexes jumped following a clear direction of interest rates. The Nasdaq Composite climbed 0.89%, while the blue-chip Dow Jones (+1.03%) and S&P 500 (+0.89%) posted new all-time highs. Also, the ten-year Treasury yield closed lower at 4.28%.