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May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark
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May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark

Executive Mosaic’s GovCon Index closed 0.25% higher at $5,051.61, registering its fourth straight daily gain. The blue-chip Dow Jones Industrial Average (+0.34%) ended above 40,000 for the first time in 139 years, while the S&P 500 (+0.12%) inched higher. Only the Nasdaq Composite (-0.07%) turned red before the weekend.

April 11 Market Report: Executive Mosaic’s GovCon Index Turns Positive, 'Magnificent Seven' Lifts Wall Street
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April 11 Market Report: Executive Mosaic’s GovCon Index Turns Positive, ‘Magnificent Seven’ Lifts Wall Street

Executive Mosaic’s GovCon Index turned positive, finishing at $4,818.61 on a modest 0.16% gain. Wall Street regained lost ground following the rally of tech stocks. The Nasdaq Composite (+1.68%) recorded its highest close, while the S&P 500 gained 0.74%. Only the Dow Jones Industrial Average (-0.01%) underperformed or is flat.