Executive Mosaic’s GovCon Index edged 0.15% lower to $4,844.11 to start March. However, the major U.S. indexes advanced, with the tech-heavy Nasdaq Composite (+1.14%) registering a new record high of 16,274.94. The S&P (+0.80%) closed above 5,100 for the first time, while the Dow Jones (+0.23%) added 90.99 points.
Executive Mosaic’s GovCon Index rose slightly to $4,848.68 (+0.06%) but marked a strong month. With the latest inflation data showing progress, the Nasdaq Composite (+0.90%) and S&P 500 (+0.52%) recorded new record highs. The Dow Jones Industrial Average (+0.12%) had a modest gain.
Executive Mosaic’s GovCon Index popped 1.06% to $4,747.52 and recovered from a broad market selloff. Only two GCI constituents closed lower. Wall Street’s major indexes also turned green on Valentine’s Day. The Nasdaq Composite (+1.30%) bounced back together with the S&P 500 (+0.96%) and Dow Jones Industrial Average (+0.40%).
Executive Mosaic’s GovCon Index dipped slightly from Thursday to end at $4,651.09 (-0.01%). However, the Dow Jones Industrial Average (+0.35%) and S&P 500 (+1.07%) set new records again, buoyed by solid job numbers in December. The Nasdaq Composite rose 1.74% thanks to the stellar gains of two tech giants.
Executive Mosaic’s GovCon Index slipped 0.57% to $4,615.98 on Tuesday, while the Dow Jones Industrial Average (-0.25%) closed lower due to mixed corporate earnings. The Nasdaq Composite (+0.43%) inched higher, and so did the S&P 500 (+0.29%), with a fresh record. Investors' focus have shifted to corporate earnings.
Executive Mosaic’s GovCon Index had a strong start for the week, rising 0.70% to $4,642.17. All major indexes remained positive, with the Dow Jones Industrial Average (+0.36%) closing above 38,000 for the first time and the S&P 500 (+0.22%) hitting a new all-time high. The tech-heavy Nasdaq Composite rose 3.2%.
Executive Mosaic’s GovCon Index is back in the red after sliding 0.45% to $4,559.55. The Dow Jones Industrial Average and S&P 500 drifted lower, but the Nasdaq posted a modest gain to keep its winning streak going. The ten-year Treasury yield edged higher while oil prices recovered from sharp losses.
Executive Mosaic’s GovCon Index rose 0.31% to $4,580, snapping its four-day skid in January. Big Tech stocks led a market rally that lifted the Nasdaq Composite (+2.2%) and the S&P 500 (+1.41%). The blue-chip Dow Jones Industrial Average ticked higher (+0.58%) to register three straight days of gains.
Executive Mosaic’s GovCon Index eked a small gain to $4,660.50 (+0.01%) amid muted trading. The Dow Jones Industrial Average (+0.14%) advanced, while the S&P 500 (+0.04%) is 13 points short of its all-time closing high in January 2022. Only the Nasdaq Composite (-0.03%) slipped during the modest Santa Rally.
Executive Mosaic’s GovCon Index turned green, with gainers lifting the total to $4,609.23. All the major U.S. indexes recovered from their sharp drops on mid-week. The Dow Jones Industrial climbed more than 300 points, while the Nasdaq Composite ticked higher. The S&P 500 is within 1% of its all-time high.
