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October 31 Market Report: Executive Mosaic’s GovCon Index Finishes Strong, Wall Street Trims Monthly Losses
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October 31 Market Report: Executive Mosaic’s GovCon Index Finishes Strong, Wall Street Trims Monthly Losses

Executive Mosaic’s GovCon Index advanced 1.69% to $139.85 and posted a 3.4% monthly gain. However, Wall Street had a dismal October. The Dow Jones (+0.38%) and S&P 500 (+0.65%) edged higher but suffered their first three-month losing streak. The Nasdaq Composite gained 0.48%, although it lost 2.8% for the month.

October 30 Market Report: Executive Mosaic’s GovCon Index Joins Wall Street Rally, Markets Await Fed Rate Decision
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October 30 Market Report: Executive Mosaic’s GovCon Index Joins Wall Street Rally, Markets Await Fed Rate Decision

Executive Mosaic’s GovCon Index joined the broad rally, closing slightly higher at $137.48 (+0.58%). The blue-chip Dow Jones gained 511.37 points (+1.58%) to register its best day since June 2, 2023, while the S&P 500 Index (+1.2%) stepped out of correction territory. Mega-cap tech stocks lifted the Nasdaq Composite (+1.16%).

October 27 Market Report: Executive Mosaic’s GovCon Index & Major US Indexes Post Weekly Losses, Recession Fear is Back
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October 27 Market Report: Executive Mosaic’s GovCon Index & Major US Indexes Post Weekly Losses, Recession Fear is Back

Executive Mosaic’s GovCon Index registered a weekly loss (-1.98%) after sliding 1.29% to $136.69 on Friday. The Dow Jones Industrial Average (-1.12%) and the S&P 500 Index (-0.48%) closed lower, except for the tech-heavy Nasdaq Composite (+0,38%). All three major indexes posted steep losses for the week. 

October 26 Market Report: Executive Mosaic’s GovCon Index Steady, Big Tech Pulls Market Down
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October 26 Market Report: Executive Mosaic’s GovCon Index Steady, Big Tech Pulls Market Down

Executive Mosaic’s GovCon Index advanced 0.17% to $138.45 amid a negative market sentiment. Big tech companies suffered sharp price declines leading the Nasdaq Composite (-1.76%) into enter correction territory. The S&P 500 Index (-1.18%) fell to its lowest level, while the Dow Jones Industrial Average also registered a loss (-0.76%).

October 20 Market Report: Executive Mosaic’s GovCon Index Posts Weekly Loss, Rising Bond Yields Rattle Stocks
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October 20 Market Report: Executive Mosaic’s GovCon Index Posts Weekly Loss, Rising Bond Yields Rattle Stocks

Executive Mosaic’s GovCon Index slipped 1.15% to $139.45, extending its slump and posting a weekly loss of 1.96%. The Dow Jones Industrial Average shed 0.86%, while the S&P 500 and Nasdaq Composite fell 1.26% and 1.53%, respectively. The 10-year Treasury yield crossed 5% briefly before settling at 4.912%.        

October 17 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Rising Bond Yields Pressure Stocks
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October 17 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Rising Bond Yields Pressure Stocks

Executive Mosaic’s GovCon Index remains in the green for the third consecutive session, gaining a modest 0.31% to close at $143.44. The benchmark S&P 500 was nearly unchanged, the Dow Jones edged higher and the Nasdaq Composite slipped. Market analysts say the bond market continues to pressure and drive stocks.

October 19 Market Report: Executive Mosaic’s GovCon Index Finishes Lower as Stocks Feel Pressure from Spiking Treasury Yields
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October 19 Market Report: Executive Mosaic’s GovCon Index Finishes Lower as Stocks Feel Pressure from Spiking Treasury Yields

Executive Mosaic’s GovCon Index finished lower, declining 0.79% to $141.06. US stocks fell as the ten-year Treasury seems on track to hit 5% soon. The Dow Jones Industrial Average shed 0.81%, while the S&P 500 (-0.85%) and Nasdaq Composite (-0.96%) also felt the pressure from the bond market.

October 13 Market Report: Executive Mosaic’s GovCon Index Posts Mixed-Results, Earnings Season Kicks Off
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October 13 Market Report: Executive Mosaic’s GovCon Index Posts Mixed-Results, Earnings Season Kicks Off

Executive Mosaic’s GovCon Index (+0.54%) and the Dow Jones Industrial Average (+0.12%), closed higher on Friday. The S&P 500 Index declined 0.5%, while the Nasdaq Composite shed 166.98 points (-1.23%) to end the week in the red. Investors are worried about corporate earnings and the backlash from the Mid-East war.