Executive Mosaic’s GovCon Index sustained the strong gains from Monday, rising 0.43% to $4,949.42. U.S. major indexes finished higher, with the benchmark S&P 500 (+0.25%) climbing to another new all-time high. The Dow Jones Industrial Average (+0.15%) and Nasdaq Composite (+0.03%) had modest gains.
Tag: Curtiss-Wright
June 17 Market Report: Executive Mosaic’s GovCon Index Ends Slump, S&P 500 and Nasdaq Hit New Records
Executive Mosaic’s GovCon Index ended its two-day slump, rising 0.84% to $4,928.13 as Wall Street regained strength. The S&P 500 (+0.77%) and Nasdaq Composite (+0.95%) hit new record highs anew, while the Dow Jones Industrial Average (+0.49%) snapped its four-day losing streak.
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.
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 15 Market Report: Executive Mosaic’s GovCon Index Ends Lower, Wall Street Retreats on Inflation Concerns
Executive Mosaic’s GovCon Index closed lower at $4,880.45, a modest 0.19% loss that snapped its seven-week winning streak. Wall Street’s three main indexes posted negative returns Friday on inflation worries. Inflation reports, including the latest consumer price index, showed higher-than-expected readings. Traders expect the Feds to delay interest rate cuts.
February 21 Market Report: Executive Mosaic’s GovCon Index Rose Slightly Higher, Tech Stocks Retreat
Executive Mosaic’s GovCon Index rose 0.38% to $4,787.32 and closed slightly higher like the Dow Jones Industrial Average (+0.13%) and the S&P 500 (+0.13%). Only the Nasdaq Composite (-0.32%) finished in the red as tech shares retreat. The FOMC meeting minutes on Jan. 30-31, 2024, indicate no rate cuts yet.
December 12 Market Report: Executive Mosaic’s GovCon Index and U.S. Stocks Swing Higher, Feds Hold Last Meeting in 2023
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
December 12 Market Report: Executive Mosaic’s GovCon Index and U.S. Stocks Swing Higher, Feds Hold Last Meeting in 2023
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
December 12 Market Report: Executive Mosaic’s GovCon Index and US Stocks Swing Higher, Feds Hold Last Meeting in 2023
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.