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.
Tag: ICF
February 28 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain, Major US Indexes Slide
Executive Mosaic’s GovCon Index closed slightly higher at $4,848.68 (+0.16%) compared to the moderate losses of Wall Street’s main indexes. The Dow Jones Industrial Average (-0.06%) declined for the third straight session, while the Nasdaq Composite (-0.55%) and S&P 500 (-0,17%) closed in the red.
February 9 Market Report: Executive Mosaic’s GovCon Index Pops, Landmark Moment for S&P 500
Executive Mosaic’s GovCon Index popped 0.89% to $4,741.09 as bullish sentiment engulfs Wall Street. The benchmark S&P 500 Index closed above 5,000 for the first time, while the Nasdaq Composite gained 1.25% as 156 constituents posted new 52-week highs. Only the Dow Jones Industrial Average (-0.14%) slipped on Friday.
January 26 Market Report: Executive Mosaic’s GovCon Index Rebounds, Mixed Finish on Wall Street
Executive Mosaic’s GovCon Index rose 0.89% to $4,625.36, ending its losing streak. Only the Dow Jones Industrial Average (+0.16%) of the three major indexes advanced with a fifth-record close in 2024. The S&P 500 (-0.07%) lost steam, while the Nasdaq Composite fell (-0.36%) on the weakness of chip stocks.
January 22 Market Report: Executive Mosaic’s GovCon Index Rises, New Records Set at Wall Street
Executive Mosaic’s GovCon Index had a strong start for the week, rising 0.70% to $4,642.17. All major indexes remained positive, with the Dow Jones Industrial Average (+0.36%) closing above 38,000 for the first time and the S&P 500 (+0.22%) hitting a new all-time high. The tech-heavy Nasdaq Composite rose 3.2%.
January 18 Market Report: Executive Mosaic’s GovCon Index Gains, Wall Street Ends Slump on Broad Market Rally
Executive Mosaic’s GovCon Index rose 1.04% to $4,607.73 as the broad market rally on Thursday ended Wall Street’s slump. The Nasdaq Composite (+1.35%) and the blue-chip Dow Jones Industrial Average (+0.54%) recouped their losses, while the S&P 500 (+0.88%) inched closer to its record-high close registered in January 2022.
January 5 Market Report: Executive Mosaic’s GovCon Index Extends Skid, Major Indexes Post Gains to End Lackluster Week
Executive Mosaic’s GovCon Index dipped 0.21% to $4,565.98, extending its skid in January to four days. However, Wall Street’s major indexes subdued the pressure and ended higher. The ten-year Treasury yield rose above 4% after the U.S. Bureau of Labor Statistics reported a stronger-than-expected December jobs report.
December 29 Market Report: Executive Mosaic’s GovCon Index Extends Rally, Big Three Slip on Year-End
Executive Mosaic’s GovCon Index rose 0.17% to $4,668.47 to extend its post-Christmas rally to four days. However, Wall Street’s major indexes lost steam and ended in the red on year-end. Still, it was a blockbuster year for U.S. stocks, as evidenced by robust gains of the Big Three.
December 26 Market Report: Executive Mosaic’s GovCon Index Joins Wall Street’s Post-Christmas Rally
Executive Mosaic's GovCon Index grows 0.41% to $4,654.78 as it joins the post-Christmas rally. Wall Street's Big Three indexes ended higher to start the last but holiday-shortened trading week in 2023. The Dow Jones Industrial Average and S&P 500 increased by 0.4%, while the Nasdaq Composite gained 0.5%.
December 21 Market Report: Executive Mosaic’s GovCon Index Turns Green, Wall Street Rally Resumes
Executive Mosaic’s GovCon Index turned green, with gainers lifting the total to $4,609.23. All the major U.S. indexes recovered from their sharp drops on mid-week. The Dow Jones Industrial climbed more than 300 points, while the Nasdaq Composite ticked higher. The S&P 500 is within 1% of its all-time high.