Executive Mosaic’s GovCon Index reversed Wednesday’s gain, falling 0.78% to $4,907.98. The Dow Jones Industrial Average (-0.17%) weakened further for its third straight daily loss. However, despite modest gains, the S&P 500 (+0.23%) and Nasdaq Composite (+0.34%) established new all-time closing highs.
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June 5 Market Report: Executive Mosaic’s GovCon Index Climbs, New Record Highs on Wall Street
Executive Mosaic’s GovCon Index advanced for the second straight day, rising modestly to $4,986.25 (+0.27%). On Wall Street, the rate cut across the border lifted the S&P 500 (+1.18%) and Nasdaq Composite (+1.96%) to new record highs. The Dow Jones Industrial Average (+0.25%) rose nearly 100 points.
June 3 Market Report: Executive Mosaic’s GovCon Index Drops, Wall Street Settles Mixed
Executive Mosaic’s GovCon Index dropped 0.67% to $4,965.64 following a slump to start the week. The Dow Jones Industrial Average, coming from its best day in 2024 last Friday, skidded 0.30%, while the Nasdaq Composite (+0.56%) and S&P 500 (+0.11%) ticked higher.
May 16 Market Report: Executive Mosaic’s GovCon Index Goes Against Tide, Major Stock Indexes Drift Lower
Executive Mosaic’s GovCon Index stayed positive, rising 0.36% to $5,039.19. Wall Street’s top three stock indexes lost steam and ended in the red zone. The Dow Jones Industrial Average (-0.10%) breached 40,000 at one point before settling lower, while the Nasdaq Composite (-026%) and S&P 500 (-0.21%) also turned red.
April 26 Market Report: Executive Mosaic’s GovCon Index, Wall Street Gain on Tech Rally
Executive Mosaic’s GovCon Index gained 0.21% to $4,879.91 and stayed positive before the weekend. A tech rally lifted Wall Street Friday and blockbuster earnings of two “Magnificent Seven” stocks aided Nasdaq's 2.02% climb. The blue-chip Dow Jones (+0.40%) and S&P 500 (+1.02%) finished higher.
April 12 Market Report: Executive Mosaic’s GovCon Index Ends Lower, Heightened Mid-East Tension Sends Wall Street Crashing
Executive Mosaic’s GovCon Index ends sharply lower at $4,780.55 (-0.80%), erasing its modest gains Thursday. Heightened tension in the Middle East sent Wall Street crashing. The blue-chip Dow Jones Industrial Average (-1.24%) shed 475 points, and the S&P 500 sank 1.46%, while the Nasdaq Composite (-1.62%) fell from its record.
April 11 Market Report: Executive Mosaic’s GovCon Index Turns Positive, ‘Magnificent Seven’ Lifts Wall Street
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.
April 5 Market Report: Executive Mosaic’s GovCon Index Settles Higher, Strong Labor Market Lifts Wall Street
Executive Mosaic’s GovCon Index stayed positive, rising 0.46% to $4,896.02 before the weekend. The higher-than-expected jobs report and lower unemployment rate in March lifted Wall Street. While the Nasdaq Composite (+1.24%), S&P 500 (+1.11%), and the Dow Jones Industrial Average (+0.80%) closed higher, all three indexes had a losing week.
April 4 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain Against Wall Street’s Sea of Red
Executive Mosaic’s GovCon Index floated in the sea of red, closing 0.07% higher at $4,873.37. The Dow Jones Industrial Average (-1.35%) shed 530 points, its worst day since March 2023. The S&P 500 (-1.235) had its worst performance since February, while the Nasdaq Composite (-1.40%) did not escape the selloff.
April 1 Market Report: Executive Mosaic’s GovCon Index Slips to Kick Off 2nd Quarter, Major Indexes Close Mixed
Executive Mosaic’s GovCon Index slipped 0.66% to $4,930.46 after a strong showing in March. The Dow Jones Industrial Average (-0.60%) and S&P 500 (-0.20%) fell from their record highs. Only the Nasdaq Composite (+0.11%) advanced to start April and a new quarter. Also, the ten-year Treasury yield rose to 4.319%.