Executive Mosaic’s GovCon Index dipped slightly, closing 0.10% lower at $142.08. However, Wall Street’s Big Three posted their longest winning streaks since 2021. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite rose 0.17%, 0.28% and 0.90%, respectively. Also, the ten-year Treasury yield marched down to 4.57%.
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October 31 Market Report: Executive Mosaic’s GovCon Index Finishes Strong, Wall Street Trims Monthly Losses
Executive Mosaic’s GovCon Index advanced 1.69% to $139.85 and posted a 3.4% monthly gain. However, Wall Street had a dismal October. The Dow Jones (+0.38%) and S&P 500 (+0.65%) edged higher but suffered their first three-month losing streak. The Nasdaq Composite gained 0.48%, although it lost 2.8% for the month.
October 20 Market Report: Executive Mosaic’s GovCon Index Posts Weekly Loss, Rising Bond Yields Rattle Stocks
Executive Mosaic’s GovCon Index slipped 1.15% to $139.45, extending its slump and posting a weekly loss of 1.96%. The Dow Jones Industrial Average shed 0.86%, while the S&P 500 and Nasdaq Composite fell 1.26% and 1.53%, respectively. The 10-year Treasury yield crossed 5% briefly before settling at 4.912%.
October 19 Market Report: Executive Mosaic’s GovCon Index Finishes Lower as Stocks Feel Pressure from Spiking Treasury Yields
Executive Mosaic’s GovCon Index finished lower, declining 0.79% to $141.06. US stocks fell as the ten-year Treasury seems on track to hit 5% soon. The Dow Jones Industrial Average shed 0.81%, while the S&P 500 (-0.85%) and Nasdaq Composite (-0.96%) also felt the pressure from the bond market.
October 10 Market Report: Executive Mosaic’s GovCon Index and Wall Street Post Third Positive Day, Treasury Yields Fall
Executive Mosaic’s GovCon Index edged higher to $141.63 (+0.24%), extending its winning streak to three days. Wall Street got a boost from declining Treasury yields and easing oil prices. The Dow Jones Industrial Average (+0.40%), Nasdaq Composite (+0.58%) and the S&P 500 (+0.52%) remained in positive territory, posting modest gains.
September 26 Market Report: Executive Mosaic’s GovCon Index Back in the Red, US Indexes Post Sharp Losses
Executive Mosaic’s GovCon Index is back in the red, slipping 0.99% to $134.27 following the sharp losses of three major US indexes. The Dow Jones Industrial Average registered its most significant one-day drop since March this year, while the Nasdaq Composite and the S&P 500 Index declined 1.57% and 1.47%.