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.
Tag: CGI
April 17 Market Report: Executive Mosaic’s GovCon Index Dips, Wall Street Extends Slump
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.
March 25 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Wall Street’s Main Indexes Post Losses
Executive Mosaic’s GovCon Index edged 0.11% higher to $4,885.96 compared to the moderate losses of Wall Street’s Big Three. The Dow Jones Industrial Average (-0.41%), S&P 500 (-0.31%), and the Nasdaq Composite (-0.27%) took a breather after recording their best week in 2024 last week.
March 22 Market Report: Executive Mosaic’s GovCon Index Extends Slide, Wall Street Retreats from Record Highs
Executive Mosaic’s GovCon Index ticked lower for the second straight day, slipping 0.45% to $4,880.65. Wall Street paused from its record performance, with the Dow Jones Industrial Average (-0.77%) and S&P 500 (-0.14%) closing in the red. However, the Nasdaq Composite (+0.16%) advanced and posted its 11th straight weekly gain.
March 21 Market Report: Executive Mosaic’s GovCon Index Slips, Wall Street Resumes Push to Record Highs
Executive Mosaic’s GovCon Index slipped 0.45% to $4,897.19 Thursday. The blue-chip Dow Jones (+0.68%) set a new record and is on the cusp of breaching 40,000 for the first time. Semiconductor stocks lifted Nasdaq (+0.20%) to a fresh record, while the S&P 500 Index (+0.32%) reached a new all-time high.
March 7 Market Report: Executive Mosaic’s GovCon Index Still Rising, All Green on Wall Street
Executive Mosaic’s GovCon Index gained 0.11% to $4,967.96, extending its winning streak to four days. It was all green on Wall Street following a broad market rally. The S&P 500 (+1.03%) registered a fresh closing record, while the Nasdaq Composite (+1.51%) notched a new all-time high.
February 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sink, Hope of Early Rate Cut Fades
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%) and the Nasdaq Composite (-0.20%) tumbled in unison.
February 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sinks, Hope of Early Rate Cut Fades
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%), and the Nasdaq Composite (-0.20%) tumbled in unison.
November 29 Market Report: Executive Mosaic’s GovCon Index Drifts Lower, Mixed Results for Wall Street
Executive Mosaic’s GovCon Index drifted lower again to $144.52, extending its losing streak in post-Thanksgiving to four days. Wall Street’s Big Three had mixed results on mid-week. Only the blue-chip Dow Jones (+0.04%) gained, while the S&P 500 (-0.09%) and Nasdaq Composite (-0.16%) ended in the red.
November 17 Market Report: Executive Mosaic’s GovCon Index and Wall Street End Positive on Small Gains
Executive Mosaic’s GovCon Index atoned for its loss on Thursday and edged modestly higher to $144.06 (+0.02%). Trading was relatively quiet, although Wall Street registered another winning (third) week. The S&P 500 Index (+0.13%), Nasdaq Composite (+0.08%), and the Dow Jones Industrial Average (+0.01%) had small gains.