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June 14 Market Report: Executive Mosaic’s GovCon Index Sinks Further, Nasdaq Survives Downtrend
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June 14 Market Report: Executive Mosaic’s GovCon Index Sinks Further, Nasdaq Survives Downtrend

Executive Mosaic’s GovCon Index declined 0.42% to $4,886.91, its third daily loss in five sessions this week. The tech-heavy Nasdaq Composite (+0.12%) ended positive, while the Dow Jones Industrial (-0.15%) and the S&P 500 (-0.04%) ticked lower. Wall Street lost steam, with 78% of NYSE stocks declining before the weekend. 

May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark
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May 17 Market Report: Executive Mosaic’s GovCon Index Posts 4th Straight Daily Gain, Dow Jones Tops 40,000 Mark

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.

May 15 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Cooler Inflation Lifts U.S. Stock Indexes
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May 15 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Cooler Inflation Lifts US Stock Indexes

Executive Mosaic’s GovCon Index stayed positive, rising 0.19% to $5,021 for another daily gain. All three major stock indexes posted news highs due to lower inflation readings in April. The Nasdaq Composite (+1.17%) and S&P 500 (+1.17%) finished strong, while the blue-chip Dow Jones (+0.885) closed near the 40,000 level.