Executive Mosaic’s GovCon Index advanced 0.49% to $4,582.22 and recovered lost ground. Wall Street regained strength mid-week with the S&P 500 (+0.57%) closing below its all-time high. The Dow Jones Industrial Average added 0.45%, while the tech-heavy Nasdaq (+0.75%) extended its winning streak to five days.
Tag: Mercury Systems
January 3 Market Report: Executive Mosaic’s GovCon Index and Wall Street Flash Red, Santa Claus Rally Fizzles Out
Executive Mosaic’s GovCon Index fell sharply to $4,584.88 after losing 1.43%. The expected continuation of the Santa Claus Rally until January 3 fizzled out. Instead, the Nasdaq Composite (-1.18%), S&P 500 (-80%), and the Dow Jones Industrial Average (-0.76%) lost ground and posted negative returns.
December 28 Market Report: Executive Mosaic’s GovCon Index Joins Modest Santa Rally, S&P Nears Record Territory
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.
December 27 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Dow Jones Posts New Record
Executive Mosaic’s GovCon Index drifted higher or +0.11% to $4,660.09. The Dow Jones Industrial Average (+0.30%) registered its sixth record close this month, while the S&P 500 is close to matching its 2022 record. More than 200 tech stocks hit new 52-week highs to lift the Nasdaq Composite (+0.16%).
December 21 Market Report: Executive Mosaic’s GovCon Index Turns Green, Wall Street Rally Resumes
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.
December 19 Market Report: Executive Mosaic’s GovCon Index Ticks Up, Major Indexes Near All-Time Highs
Executive Mosaic’s GovCon Index followed its strong start this week with a 0.45% gain to $4,629.17. The Dow Jones Industrial Average registered its fifth straight record close, while the S&P 500 is close to matching a record set two years ago. Nasdaq’s 0.66% gain was the most for the day.
December 18 Market Report: Executive Mosaic’s GovCon Index Returns to Positive Territory
Executive Mosaic’s GovCon Index landed to positive territory, rising 0.27% and lifting the total to $4,603.34. The Nasdaq Composite extended its winning streak to eight days, while the S&P 500 was nearing its all-time closing high record. Only the Dow Jones Industrial Average stayed flat to start the week.
December 14 Market Report: Executive Mosaic’s GovCon Index Slides, Major Indexes Post Modest Gains
Executive Mosaic’s GovCon Index slipped 1.27% to $4,607.81 as most of its constituents closed in the red. Wall Street’s major indexes managed to post modest gains. The Dow Jones Industrial Average (+0.43%) closed at another record high, while the S&P 500 (+0.26%) and Nasdaq Composite (+0.19%) edged higher.
December 12 Market Report: Executive Mosaic’s GovCon Index and U.S. Stocks Swing Higher, Feds Hold Last Meeting in 2023
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.
December 12 Market Report: Executive Mosaic’s GovCon Index and U.S. Stocks Swing Higher, Feds Hold Last Meeting in 2023
Executive Mosaic’s GovCon Index Total rose 0.5% to $4,619.20 and swung higher along with most U.S. stocks. The Dow Jones (+0.48%) and S&P 500 Index (+0.46%) hit their highest intraday levels since January 2022, while The Nasdaq Composite rose 0.70% to touch a new intraday high since April last year.