Executive Mosaic’s GovCon Index rose 0.91% to $4,862.49, extending its winning streak to three days. Wall Street flashed green on strong corporate earnings. The Nasdaq Composite (+1.59%) and S&P 500 (+1.20%) recouped last week’s losses as the Dow Jones Industrial Average (+0.69%) stayed in positive territory.
Tag: Lockheed Martin
April 19 Market Report: Executive Mosaic’s GovCon Index Outperforms, Wall Street Ends Week with Tech Selloff
Executive Mosaic’s GovCon Index rose 1.08% to $4,786.97 after its higher-priced stocks outperformed. Market volatility remained elevated due to the escalating Mid-East strife. The Nasdaq Composite (-2.05%) lost nearly 320 points and the S&P 500 sank 0.88%, while the Dow Jones Industrial Average (+0.56%) ended above water.
April 18 Market Report: Executive Mosaic’s GovCon Index Closes Lower, T-Notes Rise and Undercut Stocks
Executive Mosaic’s GovCon Index declined 0.11% to end lower at $4,735.44 for the second straight day. Wall Street barely moved, although the Dow Jones Industrial Average (+0.06%) ended positive. The S&P 500 (-0.22%) and tech-heavy Nasdaq Composite (-0.52%) stayed in the negative zone. The ten-year Treasury yield rose to 4.64%.
April 15 Market Report: Executive Mosaic’s GovCon Index and Wall Street Slumps on Inflation and Geopolitical Risks
Executive Mosaic’s GovCon Index slumped for the second consecutive session, dropping 0.69% to $4,743.93. Wall Street flashed red due to inflation and geopolitical risks. The blue-chip Dow Jones Industrial Average (-0.65%) marked its sixth-losing day, while the S&P 500 and Nasdaq Composite lost more than one percent.
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 10 Market Report: Executive Mosaic’s GovCon Index Slides, US Stocks Retreat on Hot Inflation Data
Executive Mosaic’s GovCon Index declined 0.74% to $4,810.82 and has lost 2.4% since April 1. U.S. stocks retreated due to the unfavorable inflation data. The S&P 500 (-0.95%) dropped to a three-low year, while the Dow Jones Industrial Average (-1.09%) shed 423 points and the Nasdaq Composite (-0.84%) closed lower.
April 9 Market Report: Executive Mosaic’s GovCon Index Drops, Mixed Closing on Wall Street
Executive Mosaic’s GovCon Index dropped 1.09% to $4,846.59 after most of its constituents fell in the red zone. The blue-chip Dow Jones Industrial Average (-0.02%) was flat, while the benchmark S&P 500 (+0.14%) and tech-heavy Nasdaq Composite (+0.32%) rebounded from early losses.
April 8 Market Report: Executive Mosaic’s GovCon Index Inches Higher, US Stock Indexes See Little Change
Executive Mosaic’s GovCon Index inched 0.07% higher to $4,899.46 to start the second week of April. Wall Street’s major indexes changed slightly, with the Dow Jones Industrial Average (-0.03%) and S&P 500 (-0.04%) closing marginally lower. The Nasdaq Composite (+0.03%) closed in positive territory.
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 2 Market Report: Executive Mosaic’s GovCon Index and Wall Street Slump on Heightened Volatility
Executive Mosaic’s GovCon Index had another down day, closing 0.88% lower at $4,886.33. Wall Street retreated from record territory, with the Dow Jones Industrial Average (-1.0%) and S&P 500 (-0.72%) posting their worst day in nearly a month. The tech-heavy Nasdaq Composite (-0.95%) slumped on the weakness of semiconductor stocks.