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February 23 Market Report: Executive Mosaic’s GovCon Index Ends Holiday-Shortened Week in Positive Territory
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February 23 Market Report: Executive Mosaic’s GovCon Index Ends Holiday-Shortened Week in Positive Territory

Executive Mosaic’s GovCon Index rose 0.64% to $4,839.92, ending the holiday-shortened week in positive territory. The Dow Jones Industrial Average (-0.16%) and S&P 500 (+0.03%) hardly moved, although the tech-heavy Nasdaq Composite (-0.28%) edged lower. Despite the roller coaster ride, it was a winning week for Wall Street’s major indexes. 

January 19 Market Report: Executive Mosaic’s GovCon Index Edge Higher, S&P 500 Post New All-Time High
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January 19 Market Report: Executive Mosaic’s GovCon Index Edges Higher, S&P 500 Posts New All-Time High

Executive Mosaic’s GovCon Index gained 0.04% to close slightly higher at $4,609.49. The S&P 500 Index advanced 1.23% to surpass its previous all-time high recorded in January 2022, while the blue-chip Dow Jones (+1.05%) registered a second record close in 2024. Surging tech stocks pushed the Nasdaq Composite higher (+1.70%). 

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.