Executive Mosaic’s GovCon Index ended its two-day slump, rising 0.84% to $4,928.13 as Wall Street regained strength. The S&P 500 (+0.77%) and Nasdaq Composite (+0.95%) hit new record highs anew, while the Dow Jones Industrial Average (+0.49%) snapped its four-day losing streak.
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June 13 Market Report: Executive Mosaic’s GovCon Index Drops Sharply, Tech Rally Lifts Nasdaq
Executive Mosaic’s GovCon Index reversed Wednesday’s gain, falling 0.78% to $4,907.98. The Dow Jones Industrial Average (-0.17%) weakened further for its third straight daily loss. However, despite modest gains, the S&P 500 (+0.23%) and Nasdaq Composite (+0.34%) established new all-time closing highs.
June 10 Market Report: Executive Mosaic’s GovCon Index Rises on Mild Gain, Wall Street Turns Green
Executive Mosaic’s GovCon Index ended in positive territory, rising to $4,953,15 on a tiny 0.02% gain. Wall Street turned green, also on mild gains by the Dow Jones Industrial Average (+0.18%), S&P 500 (+0.36%) and Nasdaq Composite (+0.25%). Still, the tech-heavy index notched a new record high.
June 4 Market Report: Executive Mosaic’s GovCon Index Ticks Higher, Wall Street Recovers
Executive Mosaic’s GovCon Index rose 0.15% to $4,973.02 and averted a second straight day of losses. Cooling Jobs Opening and Labor Turnover Survey results in April buoyed investors’ sentiment. The Dow Jones Industrial Average (+0.35%), Nasdaq Composite (+0.17%), and S&P 500 (+0.15%) turned green at closing bell.
May 31 Market Report: Executive Mosaic’s GovCon Index Picks Up Steam, Best Day for Dow Jones
Executive Mosaic’s GovCon Index picked up steam, rising 1.12% to $4,998.95. Wall Street regained strength, with the Dow Jones Industrial Average climbing more than 570 points (+1.51%) to mark its best day in 2024. The S&P 500 (+0.80%) kept pace, while the Nasdaq Composite (-0.01%) stepped in the red zone.
May 30 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain Amid Market Selloff
Executive Mosaic’s GovCon Index ended slightly higher at $4,943.86 following a modest 0.63% gain. Risk-off sentiment prevailed Thursday, with all major indexes closing in the red. The Nasdaq Composite fell 1.08%, while the blue-chip Dow Jones Industrial Average (-0.86%) and S&P 500 (-0.60%) dropped to 2-week and 4-week lows, respectively.
May 29 Market Report: Executive Mosaic’s GovCon Index Skids, Fear Grips Wall Street
Executive Mosaic’s GovCon Index skidded 1.4% for the second straight day, closing lower at $4,912.79. Wall Street’s major market indexes finished in the red, with the Dow Jones Industrial Average giving up 411.32 points (-1.06%). The benchmark S&P 500 (-0.74%) and Nasdaq Composite (-0.58%) erased gains from the previous session.
May 21 Market Report: Executive Mosaic’s GovCon Index Extends Hot Streak to 6 Days, New Closing Highs at Wall Street
Executive Mosaic’s GovCon Index is on a roll, rising to $5,069.49 on another modest gain. The Dow Jones Industrial Average (+0.17%) turned positive, while the S&P 500 (+0.25%) and Nasdaq Composite (+0.22%) registered new closing highs. Strong quarterly earnings drove Wall Street higher.
May 20 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Dow Jones Drops Below Record High
Executive Mosaic’s GovCon Index extended its winning streak to five days, rising 0.24% to $5,063.87. The Nasdaq Composite (+0.65%) and S&P 500 (+0.09%) advanced, while the Dow Jones Industrial Average (-0.49%) settled below 40,000. Bonds were the headwinds Monday, as the ten-year Treasury yield rose to 4.436%.
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.