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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%). 

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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%). 

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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%). 

September 25 Market Report:  Executive Mosaic’s GovCon Index & U.S. Indices Close Modestly Higher to Start a Critical Week
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September 25 Market Report: Executive Mosaic’s GovCon Index & U.S. Indices Close Modestly Higher to Start a Critical Week

Executive Mosaic’s GovCon Index averted a three-losing streak, while the major US indices ended their slump to start a critical week. However, the equities market remains shaky due to surging bond yields, downward revisions of corporate earnings estimates, and a potential government shutdown.