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.
May 12, 2024
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October 23, 2023February 26, 2024Financial Reports, News-comment
October 9 Market Report: Executive Mosaic’s GovCon Index Gains Nearly 5% Despite Middle East Conflict
Executive Mosaic’s GovCon Index advanced 4.75% to $141.28 amid a raging Middle East war. Many expected the latest geopolitical tension to rattle the major indexes. Instead, the Dow Jones Industrial Average (+0.59%), S&P 500 Index (+0.63%), and the Nasdaq Composite (+0.39%) posted modest gains to start the week.