Executive Mosaic’s GovCon Index edged slightly lower to $5,092.63 (-0.17%), extending its losing streak to six days. The blue-chip Dow Jones Industrial Average (-0.13%) posted its fourth-straight daily loss, while the tech-heavy Nasdaq Composite (+0.60%) and broad S&P 500 Index (+0.39%) stayed positive. Market volatility rose due to geopolitical risks.
December 4, 2024
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Tag: Contracts
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November 20 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Ends Descent
Executive Mosaic’s GovCon Index rose 0.67% to $5,127.08, concluding its longest losing streak. The broad S&P 500 Index was flat on Wall Street, while the blue-chip Dow Jones Industrial Average (+0.32%) snapped its four-day skid. The tech-heavy Nasdaq Composite (-0.11%) flipped red following a modest loss.
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November 15 Market Report: Executive Mosaic’s GovCon Index Sinks Deeper, Post-Election Rally Ends
Executive Mosaic’s GovCon Index sunk deeper, declining 1.83% at $5,160.07. The fourth-straight daily loss followed the index’s 6.2% plunge the day before. Meanwhile, the Dow Jones Industrial Average (-0.70%) and S&P 500 (-1.32%) suffered their worst drops since Election Day. Lower rate cut expectations in December was a major headwind.
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September 10 Market Report: Executive Mosaic’s GovCon Index Slides, Major US Indexes Mixed
Executive Mosaic’s GovCon Index fell into red territory after sliding 0.3% to $5,186.24. The Dow Jones Industrial Average (-0.23%) edged lower, while the broader S&P 500 Index (+0.45%) and the tech-heavy Nasdaq Composite (+0.84%) rose for the second straight day.
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November 14 Market Report: Executive Mosaic’s GovCon Index Posts Largest One-Day Loss
Executive Mosaic’s GovCon Index slumped 6.2% to $5,254.73, its largest one-day loss since the launch in December 2023. The index lost ground on fears of sweeping changes in the federal government contracting industry in 2025 under a new administration. Wall Street's top three benchmarks ended lower Thursday.
