Executive Mosaic’s GovCon Index sustained the strong gains from Monday, rising 0.43% to $4,949.42. U.S. major indexes finished higher, with the benchmark S&P 500 (+0.25%) climbing to another new all-time high. The Dow Jones Industrial Average (+0.15%) and Nasdaq Composite (+0.03%) had modest gains.
Tag: GovCon
June 17 Market Report: Executive Mosaic’s GovCon Index Ends Slump, S&P 500 and Nasdaq Hit New Records
Executive Mosaic’s GovCon Index ended its two-day slump, rising 0.84% to $4,928.13 as Wall Street regained strength. The S&P 500 (+0.77%) and Nasdaq Composite (+0.95%) hit new record highs anew, while the Dow Jones Industrial Average (+0.49%) snapped its four-day losing streak.
June 14 Market Report: Executive Mosaic’s GovCon Index Sinks Further, Nasdaq Survives Downtrend
Executive Mosaic’s GovCon Index declined 0.42% to $4,886.91, its third daily loss in five sessions this week. The tech-heavy Nasdaq Composite (+0.12%) ended positive, while the Dow Jones Industrial (-0.15%) and the S&P 500 (-0.04%) ticked lower. Wall Street lost steam, with 78% of NYSE stocks declining before the weekend.
June 13 Market Report: Executive Mosaic’s GovCon Index Drops Sharply, Tech Rally Lifts Nasdaq
Executive Mosaic’s GovCon Index reversed Wednesday’s gain, falling 0.78% to $4,907.98. The Dow Jones Industrial Average (-0.17%) weakened further for its third straight daily loss. However, despite modest gains, the S&P 500 (+0.23%) and Nasdaq Composite (+0.34%) established new all-time closing highs.
June 12 Market Report: Executive Mosaic’s GovCon Index Edges Higher, Feds Sees 1 Rate Cut in 2024
Executive Mosaic’s GovCon Index finished positive at $4.946.42, following a modest 0.16% gain. The Nasdaq Composite (+2.42%) closed at 17,608.44 for a new all-time high, while the S&P (+1.12%) ended above 5,400 for the first time. Only the Dow Jones Industrial Average (-0.40%) had negative returns mid-week.
June 11 Market Report: Executive Mosaic’s GovCon Index Slides as S&P 500 and Nasdaq Post New Highs
Executive Mosaic’s GovCon Index closed in the red, sliding 0.32% to $4,938.56. On Wall Street, the benchmark S&P 500 (+0.27%) and tech-heavy Nasdaq Composite (+0.88%) finished with new record highs. The Dow Jones Industrial Average (-0.31%) lost steam and shed 120 points.
June 10 Market Report: Executive Mosaic’s GovCon Index Rises on Mild Gain, Wall Street Turns Green
Executive Mosaic’s GovCon Index ended in positive territory, rising to $4,953,15 on a tiny 0.02% gain. Wall Street turned green, also on mild gains by the Dow Jones Industrial Average (+0.18%), S&P 500 (+0.36%) and Nasdaq Composite (+0.25%). Still, the tech-heavy index notched a new record high.
June 7 Market Report: Executive Mosaic’s GovCon Index and Wall Street Settle Lower, US Feds to Meet Next Week
Executive Mosaic’s GovCon Index fell for the second straight day, sliding 0.37% to $4,953.15. All major U.S. indexes turned red as hopes of a rate cut fade. The Nasdaq Composite (-0.23%) and S&P 500 (-0.11%) dipped from their record highs, while the Dow Jones Industrial Average (-0.22%) ticked lower.
June 6 Market Report: Executive Mosaic’s GovCon Index Slips, Wall Street Ends Mixed
Executive Mosaic’s GovCon Index snapped its two-day winning streak, slipping 0.29% to $4,971.84. The Nasdaq Composite (-0.09%) and S&P 500 (-0.02%) settled slightly lower from their record highs, while the Dow Jones Industrial Average (+0.20%) inched higher. Investors await important employment data due Friday.
June 5 Market Report: Executive Mosaic’s GovCon Index Climbs, New Record Highs on Wall Street
Executive Mosaic’s GovCon Index advanced for the second straight day, rising modestly to $4,986.25 (+0.27%). On Wall Street, the rate cut across the border lifted the S&P 500 (+1.18%) and Nasdaq Composite (+1.96%) to new record highs. The Dow Jones Industrial Average (+0.25%) rose nearly 100 points.