Executive Mosaic’s GovCon Index ticked lower for the second straight day, slipping 0.45% to $4,880.65. Wall Street paused from its record performance, with the Dow Jones Industrial Average (-0.77%) and S&P 500 (-0.14%) closing in the red. However, the Nasdaq Composite (+0.16%) advanced and posted its 11th straight weekly gain.
Tag: Mercury Systems
March 21 Market Report: Executive Mosaic’s GovCon Index Slips, Wall Street Resumes Push to Record Highs
Executive Mosaic’s GovCon Index slipped 0.45% to $4,897.19 Thursday. The blue-chip Dow Jones (+0.68%) set a new record and is on the cusp of breaching 40,000 for the first time. Semiconductor stocks lifted Nasdaq (+0.20%) to a fresh record, while the S&P 500 Index (+0.32%) reached a new all-time high.
March 19 Market Report: Executive Mosaic’s GovCon Index Rebounds, Major Exchanges Advance
Executive Mosaic’s GovCon Index rebounded from Monday’s loss, rising 0.69% to $4,882.43. U.S. stocks started the session tentatively but eventually ended with modest gains. The S&P 500 (+0.56%) recorded a new all-time high, while the Dow Jones Industrial Average (+0.56%) and Nasdaq Composite (+0.39%) settled slightly below their recent highs.
March 18 Market Report: Executive Mosaic’s GovCon Index Dips, Wall Street Rebounds
Executive Mosaic’s GovCon Index started the week on a negative note, dipping 0.66% to $4,848.64. However, the main U.S. stock indexes rebounded, led by the Nasdaq Composite (+0.82%). The S&P 500 (+0.63%) ended its three-day losing streak, while the Dow Jones Industrial (+0.20%) rose slightly.
March 13 Market Report: Executive Mosaic’s GovCon Index Stays Afloat, Mixed Close on Wall Street
Executive Mosaic’s GovCon Index stayed positive at $4,911.75 after a modest 0.11% gain. However, it was a mixed close at Wall Street. The Dow Jones Industrial Average (+0.10%) gained, while the S&P 500 (-0.19%) and Nasdaq Composite (-0.54%) drifted lower as the ten-year Treasury yield rose 0.04% to 4.19% mid-week.
March 12 Market Report: Executive Mosaic’s GovCon Index Turns Positive, US Stocks Rally on Not-so-Bad Inflation Data
Executive Mosaic’s GovCon Index turned positive again after drifting 0.17% higher to $4.906.30. All the major U.S. indexes reacted favorably to the latest inflation data, with the Nasdaq Composite (+1.54%) leading the rally. The S&P 500 (+1.12%) recorded another record close, while the Dow Jones Industrial Average gained 0.61%.
March 8 Market Report: Executive Mosaic’s GovCon Index Snaps Winning Streak, Wall Street Pulls Back
Executive Mosaic’s GovCon Index slipped 0.60% to $4,938.26 and snapped its four-day winning streak. Wall Street pulled back amid shaky trading and profit-taking. The Nasdaq Composite fell 1.16% after its top stock had its worst day, while the blue-chip Dow Jones Industrial Average (-0.18%) and S&P 500 (-0.65%) drifted lower.
March 7 Market Report: Executive Mosaic’s GovCon Index Still Rising, All Green on Wall Street
Executive Mosaic’s GovCon Index gained 0.11% to $4,967.96, extending its winning streak to four days. It was all green on Wall Street following a broad market rally. The S&P 500 (+1.03%) registered a fresh closing record, while the Nasdaq Composite (+1.51%) notched a new all-time high.
March 4 Market Report: Executive Mosaic’s GovCon Index Outperforms, Major Indexes Slip
Executive Mosaic’s GovCon Index climbed 1.21% to $4,903.23 and outperformed Wall Street’s main indexes. The Nasdaq Composite (-0.41%) and S&P 500 (-0.25%) retreated from their all-time highs, while the Dow Jones Industrial Average closed lower (-0.25%). However, tech stocks with AI plays continued their rally from last week.
February 28 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain, Major US Indexes Slide
Executive Mosaic’s GovCon Index closed slightly higher at $4,848.68 (+0.16%) compared to the moderate losses of Wall Street’s main indexes. The Dow Jones Industrial Average (-0.06%) declined for the third straight session, while the Nasdaq Composite (-0.55%) and S&P 500 (-0,17%) closed in the red.