Executive Mosaic’s GovCon Index turned positive, edging 0.17% higher to $4,756.21. The blue-chip Dow Jones Industrial Average (+0.17%) snapped its six-day losing streak, while the S&P 500 (-0.21%) and Nasdaq Composite (-0.12%) finished with modest losses. With interest rates to remain high indefinitely, the ten-year Treasury yield rose to 4.665%.
Executive Mosaic’s GovCon Index made a significant leap, surging 1.2% to $4,942.61 as markets regained momentum. The main stock indexes settled higher, with the Dow Jones Industrial Average gaining 477.75 points (+1.22%). The S&P 500 (+0.86%) marked a new all-time high, while the Nasdaq Composite (+0.51%) finished near its record.
Executive Mosaic’s GovCon Index edged 0.11% higher to $4,885.96 compared to the moderate losses of Wall Street’s Big Three. The Dow Jones Industrial Average (-0.41%), S&P 500 (-0.31%), and the Nasdaq Composite (-0.27%) took a breather after recording their best week in 2024 last week.
Executive Mosaic’s GovCon Index rebounded in a broad market rally, rising nearly 1% to $4,651.64. The Nasdaq Composite popped 1.3% after sinking 2.23% on mid-week due to a Fed-induced selloff. It was also an excellent start to February for the Dow Jones Industrial Average (+0.97%) and the S&P 500 (+1.25%).
Executive Mosaic’s GovCon Index closed slightly higher to $4,649.58 (+0.17%) and stayed afloat as the FOMC meeting began. The Dow Jones Industrial Average (+0.35%) posted its seventh record close in 2024, while the S&P 500 (-0.06%) and Nasdaq Composite (-0.76%) turned red. Markets await the policymakers' statement and rate decision.
Executive Mosaic’s GovCon Index Total edged 0.26% lower to $4595.81, although Wall Street remained on overdrive. The Dow Jones Industrial Average (+0.15%) hit a fresh all-time high record and so did the Nasdaq Composite (+0.35%). The S&P 500 (-0.01%) declined but marked its longest weekly winning streak since 2017.
Executive Mosaic’s GovCon Index gained 0.23% to $152.01 to end the week higher. The broader S&P 500 Index rose 0.41% to settle at 4,604.37 points, its highest close for the year. Both the Dow Jones (+0.36%) and Nasdaq Composite (+0.45%) had six winning weeks, the indexes’ longest run since 2019.
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.
