Executive Mosaic’s GovCon Index dipped slightly, closing 0.10% lower at $142.08. However, Wall Street’s Big Three posted their longest winning streaks since 2021. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite rose 0.17%, 0.28% and 0.90%, respectively. Also, the ten-year Treasury yield marched down to 4.57%.
Executive Mosaic’s GovCon Index closed at $140.85 or 0.31% higher to stay positive for the third consecutive session. The Feds’ decision to keep interest rates steady caused bond yields to retreat, triggering a broad stock rally. All three major indexes finished strong, although a year-end rate hike is still possible.
Executive Mosaic’s GovCon Index had another strong finish, ending at $142.31 (+1.43%). Wall Street kept its upward momentum alive as the ten-year Treasury yield dropped to 4.6888%. The Dow Jones Industrial Average, the S&P 500 Index, and the Nasdaq Composite advanced by 1.7% or more.
Executive Mosaic’s GovCon Index average closed at $142.77 or 0.32% higher as Wall Street posted its best week in 2023 after a month-long sell-off. The Dow Jones Industrial Average rose 0.66%, the S&P 500 Index climbed 0.94%, and the Nasdaq Composite recorded its biggest one-week gain after advancing 1.38%.
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.
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%).
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.
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%).
Executive Mosaic’s GovCon Index stayed positive, gaining 0.13% to $138.21. However, the major indexes tumbled as Treasury yields rebound. The Nasdaq Composite (-2.43%) had its worst day since February, while the S&P 500 (-1.43%) fell below the 4,200 level. Blue-chip Dow Jones did better but still shed 105 points (-0.32%).
Executive Mosaic’s GovCon Index broke its four-day losing streak and Wall Street flashed green. Investors delighted in the batch of quarterly reports showing better profits and surpassing revenue expectations. The benchmark S&P 500 Index rose 0.73%, the Dow Jones Industrial Average gained 0.62%, and the Nasdaq Composite closed 0.93% higher.
