Executive Mosaic’s GovCon Index climbed 1.37% to $148.15 while the Big Three U.S. indexes outperformed to start December. The broad market index S&P 500 and the blue-chip Dow Jones Industrial Average rose 0.59% and 0.82%, respectively, to close at new highs. The tech-heavy Nasdaq Composite wasn’t far behind, advancing 0.55%.
Tag: Globalstar
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 27 Market Report: Executive Mosaic’s GovCon Index, US Stocks Retreat on Cyber Monday
Executive Mosaic’s GovCon Index edged lower to $145.29 at the start of the week. Wall Street’s Big Three also cooled off after four winning weeks. The Dow Jones Industrial Average (-0.16%), the S&P 500 Index (-0.20%), and the Nasdaq Composite (-0.07%) registered modest losses.
November 24 Market Report: Executive Mosaic’s GovCon Index Gains, Tech Stocks Fall in Shortened Trading Session
Executive Mosaic’s GovCon Index rose 0.40% to $145.90 on the resumption of trading after Thanksgiving Day. The Dow Jones Industrial Average and the S&P 500 posted gains, while the tech sector pulled down the Nasdaq Composite (-11%). Nearly 63% of the constituents of the tech-heavy index advanced before the holiday.
November 21 Market Report: Executive Mosaic’s GovCon Index Gives Up Gains, Winning Streak Ends
Executive Mosaic’s GovCon Index gave up gains from the last three sessions, sliding 0.09% to $144.95. The S&P 500 Index and the Nasdaq Composite snapped their five-day winning streaks, while the blue-chip Dow Jones Industrial Average shed more than 60 points (-0.18%) to close in the red.
November 20 Market Report: Executive Mosaic’s GovCon Index and Wall Street Advance, Declining Treasury Yields Boost Stocks
Executive Mosaic’s GovCon Index rose to the occasion, finishing 0.71% higher at $145.09. Wall Street reached its highest level since August, while the S&P 500 Index (+0.74%) and Nasdaq Composite (+1.13%) extended their winning streak to five days. The Dow Jones Industrial Average gained over 200 points (+0.58%).
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.
November 15 Market Report: Executive Mosaic’s GovCon Index Slips, Big Three Extend Rally
Executive Mosaic’s GovCon Index slips 0.47% to $144.31 amid the Big Three's extended rally. The benchmark S&P 500 and the tech-heavy Nasdaq Composite gained 0.16% and 0.07% following their powerful rallies the day before. Despite losing steam in the final hour, the blue-chip Dow Jones (+0.47%) closed with modest gains.
November 14 Market Report: Executive Mosaic’s GovCon Index Joins Wall Street’s Rally on Lower Inflation Numbers
Executive Mosaic’s GovCon Index rose 1.14% to $144.92 after fresh data from the Bureau of Labor Statistics showed lower inflation reading. Wall Street welcomed the news. The S&P 500 Index surged 1.9% to post a two-month high. The Dow Jones Industrial Average gained 1.43%, while the Nasdaq Composite advanced 2.37%.
November 13 Market Report: Executive Mosaic’s GovCon Index and Dow Jones Gain as Moody’s Downgrades US Credit Outlook
Executive Mosaic’s GovCon Index edged 0.80% higher to $143.55 along with the Dow Jones Industrial Average (+0.21%) to start the week. However, the S&P 500 (-0.02%) and the Nasdaq Composite fell slightly due to Moody’s downgrading of U.S. credit from stable to negative.