Executive Mosaic’s GovCon Index rose nearly 1% to $142.41 and end the week higher. The widespread rally on Wall Street lifted the Big Three and helped them post weekly gains. The Dow Jones gained 391.16 points (+1.15%), while the S&P 500 Index and Nasdaq Composite climbed 1.56% and 2.05%, respectively.
Executive Mosaic’s GovCon Index lost steam from Friday’s rally and slipped 0.39% to $142.22. The major indexes edged higher with Nasdaq Composite (+0.30%) registering its longest winning streak since January 2023. Both the Dow Jones (+0.10%) and S&P 500 (+0.18%) notched six straight days of wins since mid-year and July.
Executive Mosaic’s GovCon Index rebounded from Tuesday’s loss, climbing 1.01% to $135.64. Nasdaq Composite (+0.22%) and the S&P 500 Index (-0.02%) edged higher, but the Dow Jones finished in the red. The 10-year Treasury Yield rose five basis points to 4.612%, reaching its highest level in 15 years.