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.