Executive Mosaic’s GovCon Index slumped for the third straight day, sliding 0.55% to $4,584.12. In contrast, Wall Street’s major indexes responded positively to the better-than-expected GDP growth. The S&P 500 (+0.53%) registered a fifth all-time high, while the Dow Jones Industrial Average (+0.64%) and Nasdaq Composite (+0.18%) posted gains.
Tag: Carlyle Group
January 19 Market Report: Executive Mosaic’s GovCon Index Edges Higher, S&P 500 Posts New All-Time High
Executive Mosaic’s GovCon Index gained 0.04% to close slightly higher at $4,609.49. The S&P 500 Index advanced 1.23% to surpass its previous all-time high recorded in January 2022, while the blue-chip Dow Jones (+1.05%) registered a second record close in 2024. Surging tech stocks pushed the Nasdaq Composite higher (+1.70%).
December 27 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Dow Jones Posts New Record
Executive Mosaic’s GovCon Index drifted higher or +0.11% to $4,660.09. The Dow Jones Industrial Average (+0.30%) registered its sixth record close this month, while the S&P 500 is close to matching its 2022 record. More than 200 tech stocks hit new 52-week highs to lift the Nasdaq Composite (+0.16%).
December 19 Market Report: Executive Mosaic’s GovCon Index Ticks Up, Major Indexes Near All-Time Highs
Executive Mosaic’s GovCon Index followed its strong start this week with a 0.45% gain to $4,629.17. The Dow Jones Industrial Average registered its fifth straight record close, while the S&P 500 is close to matching a record set two years ago. Nasdaq’s 0.66% gain was the most for the day.
December 14 Market Report: Executive Mosaic’s GovCon Index Slides, Major Indexes Post Modest Gains
Executive Mosaic’s GovCon Index slipped 1.27% to $4,607.81 as most of its constituents closed in the red. Wall Street’s major indexes managed to post modest gains. The Dow Jones Industrial Average (+0.43%) closed at another record high, while the S&P 500 (+0.26%) and Nasdaq Composite (+0.19%) edged higher.
December 13 Market Report: Executive Mosaic’s GovCon Index Surges, Wall Street Celebrates End of Rate Hikes
Executive Mosaic’s GovCon Index total surged 1.01% to $4,666.38 as Wall Street turned festive and celebrated the end of rate hikes. The Dow Jones rose more than 500 points to close at a record high, while the S&P 500 and Nasdaq Composite also gained on mid-week.
December 7 Market Report: Executive Mosaic’s GovCon Index Extends Losing Streak, US Indexes Tick Higher
Executive Mosaic’s GovCon Index registered a three-day losing streak after dipping 0.30% to $151.66. All three major indexes fared better, with the tech-heavy Nasdaq Composite gaining 1.37%. The Dow Jones Industrial Average (+0.17%) and S&P 500 Index (+0.18%) ticked higher to remain near their highest levels since March 2022.
November 28 Market Report: Executive Mosaic’s GovCon Index Stays Red, Big Three Inch Higher
Executive Mosaic’s GovCon Index slipped 0.24% to $144.94 and stayed in red territory, while the top indexes inched higher. The Nasdaq Composite (+0.29%) gained the most, followed by the Dow Jones Industrial (+0.24%) and the S&P 500 (+0.10%). US stocks got a boost from a key Federal Reserve official.
November 14 Market Report: Executive Mosaic’s GovCon Index Joins Wall Street’s Rally on Lower Inflation Numbers
Executive Mosaic’s GovCon Index rose 1.14% to $144.92 after fresh data from the Bureau of Labor Statistics showed lower inflation reading. Wall Street welcomed the news. The S&P 500 Index surged 1.9% to post a two-month high. The Dow Jones Industrial Average gained 1.43%, while the Nasdaq Composite advanced 2.37%.
November 8 Market Report: Executive Mosaic’s GovCon Index and Dow Jones Lose Steam, S&P 500 and Nasdaq Extend Win Streak
Executive Mosaic’s GovCon Index lost steam and finished 0.63% lower at $141.19. Wall Street ended mixed on mid-week, with the Dow Jones Industrial losing 0.12% and the benchmark S&P 500 gaining 0.10%. The tech-heavy Nasdaq Composite (+0.08%) extended its winning streak to nine consecutive sessions.