Executive Mosaic’s GovCon Index fell sharply to $4,584.88 after losing 1.43%. The expected continuation of the Santa Claus Rally until January 3 fizzled out. Instead, the Nasdaq Composite (-1.18%), S&P 500 (-80%), and the Dow Jones Industrial Average (-0.76%) lost ground and posted negative returns.
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
