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 rose 0.38% to $4,787.32 and closed slightly higher like the Dow Jones Industrial Average (+0.13%) and the S&P 500 (+0.13%). Only the Nasdaq Composite (-0.32%) finished in the red as tech shares retreat. The FOMC meeting minutes on Jan. 30-31, 2024, indicate no rate cuts yet.
Executive Mosaic’s GovCon Index closed 0.40% lower to $4,678.90 at the start of the holiday-shortened week. Wall Street flashed red due to the pullback of tech stocks. The Nasdaq Composite declined nearly 1%, while the Dow Jones Industrial (-0.17%) and S&P 500 (-0.60%) finished in the red too.
Executive Mosaic’s GovCon Index lost 0.25% to close lower at $4,559.91. The Dow Jones Industrial (-0.25%), S&P 500 (-0.56%), and Nasdaq Composite (-0.59%) slipped anew as investors’ expectations of early rate cuts dim. The ten-year Treasury yield rose to 4.113% and added pressure on stocks.
Executive Mosaic’s GovCon Index closed 0.20% lower to $4,575.60, extending its slump to three days. Major indexes tried to shake off the rocky start in 2024, but only the Dow Jones Industrial Average (+0.03%) eked out a gain. The S&P 500 (-0.34%) and Nasdaq Composite (-0.56%) stayed in red territory.
Executive Mosaic’s GovCon Index eked a small gain to $4,660.50 (+0.01%) amid muted trading. The Dow Jones Industrial Average (+0.14%) advanced, while the S&P 500 (+0.04%) is 13 points short of its all-time closing high in January 2022. Only the Nasdaq Composite (-0.03%) slipped during the modest Santa Rally.
Executive Mosaic’s GovCon Index slipped 0.24% to $144.94 and stayed in red territory, while the top indexes inched higher. The Nasdaq Composite (+0.29%) gained the most, followed by the Dow Jones Industrial (+0.24%) and the S&P 500 (+0.10%). US stocks got a boost from a key Federal Reserve official.
Executive Mosaic’s GovCon Index shed 0.18% to end lower at $140.93 as the downslide since Monday continues. Wall Street flashed red, with the Dow Jones Industrial Average (-0.39%) falling for the second straight session. The S&P 500 (-0.43%) and the Nasdaq Composite (-0.40%) ended their winning streaks.
Executive Mosaic’s GovCon Index dipped slightly, closing 0.10% lower at $142.08. However, Wall Street’s Big Three posted their longest winning streaks since 2021. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite rose 0.17%, 0.28% and 0.90%, respectively. Also, the ten-year Treasury yield marched down to 4.57%.
Executive Mosaic’s GovCon Index had another strong finish, ending at $142.31 (+1.43%). Wall Street kept its upward momentum alive as the ten-year Treasury yield dropped to 4.6888%. The Dow Jones Industrial Average, the S&P 500 Index, and the Nasdaq Composite advanced by 1.7% or more.
