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.
Tag: Lockheed Martin
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.
May 10 Market Report: Executive Mosaic’s GovCon Index Edges Higher, Dow Jones Marks 8th Straight Daily Gain
Executive Mosaic’s GovCon Index gained 0.13% to $5,032.33 before the weekend, its fourth winning session in five days. On Wall Street, the Dow Jones Industrial (+0.32%) extended its daily gain to eight, while the S&P 500 (0.16%) rose modestly. Only the Nasdaq Composite (-0.03%) tilted toward red territory.
May 9 Market Report: Executive Mosaic’s GovCon Index Turns Positive, Dow Jones Hits 5-Week High
Executive Mosaic’s GovCon Index turned positive, rising 0.79% to $5,025.82. The blue-chip Dow Jones (+0.85%) locks in its seventh straight session, while the S&P 500 (+0.51%) topped 5,200 and the Nasdaq Composite (+0.27%) ticked higher. New unemployment data lifted Wall Street.
May 3 Market Report: Executive Mosaic’s GovCon Index Extends Winning Streak, Weaker Jobs Data Lifts Wall Street
Executive Mosaic’s GovCon Index closed at $4,923.43 or 0.58% higher to continue its strong start in May. The 42.2% month-on-month drop in non-farm payrolls lifts Wall Street. All major indexes surged, with Nasdaq Composite rising nearly 2%, followed by the S&P 500 (+1.26%) and the Dow Jones Industrial Average (+1.18%).
April 29 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Strong Q1 Earnings Prop Markets
Executive Mosaic’s GovCon Index drifts moderately higher to $4,915.21, gaining 0.21% to start the week. Strong corporate earnings prop Wall Street, with the S&P 500 (+0.32%) and Nasdaq Composite (+0.35%) rising to two-week highs. The blue-chip Dow Jones Industrial Average (+0.38%) gained 146 points.
April 23 Market Report: Executive Mosaic’s GovCon Index Extends Winning Streak, Wall Street Rises on Strong Corporate Earnings
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.
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.