Executive Mosaic’s GovCon Index sustained the strong gains from Monday, rising 0.43% to $4,949.42. U.S. major indexes finished higher, with the benchmark S&P 500 (+0.25%) climbing to another new all-time high. The Dow Jones Industrial Average (+0.15%) and Nasdaq Composite (+0.03%) had modest gains.
Executive Mosaic’s GovCon Index fell for the second straight day, sliding 0.37% to $4,953.15. All major U.S. indexes turned red as hopes of a rate cut fade. The Nasdaq Composite (-0.23%) and S&P 500 (-0.11%) dipped from their record highs, while the Dow Jones Industrial Average (-0.22%) ticked lower.
Executive Mosaic’s GovCon Index snapped its two-day winning streak, slipping 0.29% to $4,971.84. The Nasdaq Composite (-0.09%) and S&P 500 (-0.02%) settled slightly lower from their record highs, while the Dow Jones Industrial Average (+0.20%) inched higher. Investors await important employment data due Friday.
Executive Mosaic’s GovCon Index rose 0.15% to $4,973.02 and averted a second straight day of losses. Cooling Jobs Opening and Labor Turnover Survey results in April buoyed investors’ sentiment. The Dow Jones Industrial Average (+0.35%), Nasdaq Composite (+0.17%), and S&P 500 (+0.15%) turned green at closing bell.
Executive Mosaic’s GovCon Index flashed red, declining 1.43% to $4,983.32. Despite a quiet trading day at Wall Street, the Nasdaq Composite closed above 17,000 for the first time and set another fresh record. The S&P 500 (+0.02%) advanced slightly, while the blue-chip Dow Jones (-0.55%) shed more than 200 points.
Executive Mosaic’s GovCon Index extended its winning streak to five days, rising 0.24% to $5,063.87. The Nasdaq Composite (+0.65%) and S&P 500 (+0.09%) advanced, while the Dow Jones Industrial Average (-0.49%) settled below 40,000. Bonds were the headwinds Monday, as the ten-year Treasury yield rose to 4.436%.
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.
Executive Mosaic’s GovCon Index ended its four-day winning streak, following a 0.01% slip to $4,986.08. Stock movement was limited mid-week, although the Dow Jones Industrial Average (+0.44%) rose for the sixth consecutive session. The benchmark S&P 500 was flat, while the Nasdaq Composite (-0.18%) drifted lower.
Executive Mosaic’s GovCon Index closed at $4,923.43 or 0.58% higher to continue its strong start in May. The 42.2% month-on-month drop in non-farm payrolls lifts Wall Street. All major indexes surged, with Nasdaq Composite rising nearly 2%, followed by the S&P 500 (+1.26%) and the Dow Jones Industrial Average (+1.18%).
Executive Mosaic’s GovCon Index turned positive mid-week, rising 0.14% to $4,891.06. Wall Street’s major indexes settled mixed, with the Dow Jones Industrial Average (+0.23%) closing modestly higher. The S&P 500 (-0.34%) and Nasdaq Composite (-0.33%) declined due to inflation risks. The U.S. Federal Reserve said interest rates will remain high.
