Executive Mosaic’s GovCon Index advanced for the second straight day, rising modestly to $4,986.25 (+0.27%). On Wall Street, the rate cut across the border lifted the S&P 500 (+1.18%) and Nasdaq Composite (+1.96%) to new record highs. The Dow Jones Industrial Average (+0.25%) rose nearly 100 points.
Executive Mosaic’s GovCon Index recovers from a sharp loss, rising 0.64% to $5,055.57. Wall Street’s major stock indexes ended positive before the weekend, with the Nasdaq Composite setting a new record following a 1.1% advance. The S&P 500 (+0.705) ticked higher, while the Dow Jones Industrial Average (+0.01%) was flat.
Executive Mosaic’s GovCon Index closed at $4,923.43 or 0.58% higher to continue its strong start in May. The 42.2% month-on-month drop in non-farm payrolls lifts Wall Street. All major indexes surged, with Nasdaq Composite rising nearly 2%, followed by the S&P 500 (+1.26%) and the Dow Jones Industrial Average (+1.18%).
Executive Mosaic’s GovCon Index rose 1.08% to $4,786.97 after its higher-priced stocks outperformed. Market volatility remained elevated due to the escalating Mid-East strife. The Nasdaq Composite (-2.05%) lost nearly 320 points and the S&P 500 sank 0.88%, while the Dow Jones Industrial Average (+0.56%) ended above water.
Executive Mosaic’s GovCon Index ends sharply lower at $4,780.55 (-0.80%), erasing its modest gains Thursday. Heightened tension in the Middle East sent Wall Street crashing. The blue-chip Dow Jones Industrial Average (-1.24%) shed 475 points, and the S&P 500 sank 1.46%, while the Nasdaq Composite (-1.62%) fell from its record.
Executive Mosaic’s GovCon Index ticked lower to $4,870.19 (-0.33%) and has lost 1.9% since April 1st. Wall Street was under pressure due to rate cuts uncertainty. The blue-chip Dow Jones Industrial Average (-0.11%) dropped to a two-week low, while the S&P 500 (+0.11%) and Nasdaq Composite (+0.23%) posted moderate gains.
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.
Executive Mosaic’s GovCon Index rebounded from Monday’s loss, rising 0.69% to $4,882.43. U.S. stocks started the session tentatively but eventually ended with modest gains. The S&P 500 (+0.56%) recorded a new all-time high, while the Dow Jones Industrial Average (+0.56%) and Nasdaq Composite (+0.39%) settled slightly below their recent highs.
Executive Mosaic’s GovCon Index started the week on a negative note, dipping 0.66% to $4,848.64. However, the main U.S. stock indexes rebounded, led by the Nasdaq Composite (+0.82%). The S&P 500 (+0.63%) ended its three-day losing streak, while the Dow Jones Industrial (+0.20%) rose slightly.
Executive Mosaic’s GovCon Index stayed positive at $4,911.75 after a modest 0.11% gain. However, it was a mixed close at Wall Street. The Dow Jones Industrial Average (+0.10%) gained, while the S&P 500 (-0.19%) and Nasdaq Composite (-0.54%) drifted lower as the ten-year Treasury yield rose 0.04% to 4.19% mid-week.
