Executive Mosaic’s GovCon Index slipped 1.27% to $4,607.81 as most of its constituents closed in the red. Wall Street’s major indexes managed to post modest gains. The Dow Jones Industrial Average (+0.43%) closed at another record high, while the S&P 500 (+0.26%) and Nasdaq Composite (+0.19%) edged higher.
Tag: ICF
December 11 Market Report: Executive Mosaic’s GovCon Index Starts Strong, Wall Street Extends Weekly Winning Streaks
Executive Mosaic’s GovCon Index had a strong start for the week, rising 0.78% to $153.21. The S&P 500 Index (+0.39%) and the Nasdaq Composite registering six straight weeks of gains. For the Dow Jones Industrial Average (+0.43%), it was the third winning day and highest close since January 2022.
November 30 Market Report: Executive Mosaic’s GovCon Index Ends Higher, Best Month for Wall Street
Executive Mosaic’s GovCon Index popped 1.1% to close higher at $146.13. The Dow Jones advanced 1.47% to post a new high for 2023, while the S&P 500 rose 0.38%. Both indexes had 8.9% month-to-month gains. The Nasdaq Composite (-0.23%) fell, but still had the best monthly performance.
November 29 Market Report: Executive Mosaic’s GovCon Index Drifts Lower, Mixed Results for Wall Street
Executive Mosaic’s GovCon Index drifted lower again to $144.52, extending its losing streak in post-Thanksgiving to four days. Wall Street’s Big Three had mixed results on mid-week. Only the blue-chip Dow Jones (+0.04%) gained, while the S&P 500 (-0.09%) and Nasdaq Composite (-0.16%) ended in the red.
November 17 Market Report: Executive Mosaic’s GovCon Index and Wall Street End Positive on Small Gains
Executive Mosaic’s GovCon Index atoned for its loss on Thursday and edged modestly higher to $144.06 (+0.02%). Trading was relatively quiet, although Wall Street registered another winning (third) week. The S&P 500 Index (+0.13%), Nasdaq Composite (+0.08%), and the Dow Jones Industrial Average (+0.01%) had small gains.
November 15 Market Report: Executive Mosaic’s GovCon Index Slips, Big Three Extend Rally
Executive Mosaic’s GovCon Index slips 0.47% to $144.31 amid the Big Three's extended rally. The benchmark S&P 500 and the tech-heavy Nasdaq Composite gained 0.16% and 0.07% following their powerful rallies the day before. Despite losing steam in the final hour, the blue-chip Dow Jones (+0.47%) closed with modest gains.
November 6 Market Report: Executive Mosaic’s GovCon Index Slips, Major Indexes Post Modest Gains
Executive Mosaic’s GovCon Index lost steam from Friday’s rally and slipped 0.39% to $142.22. The major indexes edged higher with Nasdaq Composite (+0.30%) registering its longest winning streak since January 2023. Both the Dow Jones (+0.10%) and S&P 500 (+0.18%) notched six straight days of wins since mid-year and July.
October 26 Market Report: Executive Mosaic’s GovCon Index Steady, Big Tech Pulls Market Down
Executive Mosaic’s GovCon Index advanced 0.17% to $138.45 amid a negative market sentiment. Big tech companies suffered sharp price declines leading the Nasdaq Composite (-1.76%) into enter correction territory. The S&P 500 Index (-1.18%) fell to its lowest level, while the Dow Jones Industrial Average also registered a loss (-0.76%).
October 23 Market Report: Executive Mosaic’s GovCon Index Extends Slump, Tech Stocks Rise as Bond Yields Ease
Executive Mosaic’s GovCon Index slid 0.69% to $138.50, extending its slump to four consecutive sessions. The big three indexes started strong as bond yields eased, but the Dow Jones Industrial Average (-0.58%) and the S&P 500 (-0.17%) lost steam. Only the Nasdaq Composite (+0.27%) advanced to snap the losing streak.
October 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Tick Lower on the Eve of Key Jobs Report
Executive Mosaic’s GovCon Index ticked lower, declining 0.39% to close at $132.99. All three major indexes moved lower too as investors await the critical labor market data on Friday. Economists and market analysts believe the nonfarm payrolls report will determine the Federal Reserve’s next move on interest rates.