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September 25 Market Report:  Executive Mosaic’s GovCon Index & U.S. Indices Close Modestly Higher to Start a Critical Week
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September 25 Market Report: Executive Mosaic’s GovCon Index & U.S. Indices Close Modestly Higher to Start a Critical Week

Executive Mosaic’s GovCon Index averted a three-losing streak, while the major US indices ended their slump to start a critical week. However, the equities market remains shaky due to surging bond yields, downward revisions of corporate earnings estimates, and a potential government shutdown.  

September 22 Market Report:  Executive Mosaic’s GovCon Index Closed Lower as Wall Street Extends Losing Streak
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September 22 Market Report: Executive Mosaic’s GovCon Index Closed Lower as Wall Street Extends Losing Streak

Executive Mosaic’s GovCon Index was not spared from the market correction, closing 0.70% lower at $135.16. While the index lost for the second straight day, eight constituents gained compared to only one from the previous trading day. All three major US indices extended their losing streak to four days.