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February 16 Market Report: Executive Mosaic’s GovCon Index Slips, Losing Week for Wall Street
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February 16 Market Report: Executive Mosaic’s GovCon Index Slips, Losing Week for Wall Street

Executive Mosaic’s GovCon Index slipped 0.17% to $4,788.02 but still gained nearly 1% amid a turbulent the week. However, Wall Street’s major indexes broke their five-week winning streaks. The Dow Jones Industrial Average (-0.37%) and the benchmark S&P 500 Index (-0.48%) ticked lower, while the tech-heavy Nasdaq Composite fell -0.82% 

February 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Stubborn Inflation Sparks Selloff
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February 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Stubborn Inflation Sparks Selloff

Executive Mosaic’s GovCon Index dropped 1.15% to $4,697.07, ending its five-day winning streak. Wall Street was shellshocked by stubborn inflation causing the blue-chip Dow Jones Industrial Average (-1.35%) to shed 524.63 points. The S&P 500 (-1.37%) and Nasdaq Composite (-1.80%) plunged on widespread losses.