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.
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%.
Executive Mosaic’s GovCon Index declined 0.74% to $4,810.82 and has lost 2.4% since April 1. U.S. stocks retreated due to the unfavorable inflation data. The S&P 500 (-0.95%) dropped to a three-low year, while the Dow Jones Industrial Average (-1.09%) shed 423 points and the Nasdaq Composite (-0.84%) closed lower.
Executive Mosaic’s GovCon Index inched 0.07% higher to $4,899.46 to start the second week of April. Wall Street’s major indexes changed slightly, with the Dow Jones Industrial Average (-0.03%) and S&P 500 (-0.04%) closing marginally lower. The Nasdaq Composite (+0.03%) closed in positive territory.
Executive Mosaic’s GovCon Index stayed positive, rising 0.46% to $4,896.02 before the weekend. The higher-than-expected jobs report and lower unemployment rate in March lifted Wall Street. While the Nasdaq Composite (+1.24%), S&P 500 (+1.11%), and the Dow Jones Industrial Average (+0.80%) closed higher, all three indexes had a losing week.
Executive Mosaic’s GovCon Index ticked lower to $4,870.19 (-0.33%) and has lost 1.9% since April 1st. Wall Street was under pressure due to rate cuts uncertainty. The blue-chip Dow Jones Industrial Average (-0.11%) dropped to a two-week low, while the S&P 500 (+0.11%) and Nasdaq Composite (+0.23%) posted moderate gains.
Executive Mosaic’s GovCon Index closed lower at $4,880.45, a modest 0.19% loss that snapped its seven-week winning streak. Wall Street’s three main indexes posted negative returns Friday on inflation worries. Inflation reports, including the latest consumer price index, showed higher-than-expected readings. Traders expect the Feds to delay interest rate cuts.
Executive Mosaic’s GovCon Index slipped 0.49% to $4,889.62, erasing Wednesday’s gain. Wall Street’s main indexes closed lower as investors turned bearish. The day’s highlight was the 11 basis points increase of the ten-year Treasury note to 4.298% in reaction to the higher-than-expected producer price index and core PPI in February.
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.
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.
