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June 14 Market Report: Executive Mosaic’s GovCon Index Sinks Further, Nasdaq Survives Downtrend
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June 14 Market Report: Executive Mosaic’s GovCon Index Sinks Further, Nasdaq Survives Downtrend

Executive Mosaic’s GovCon Index declined 0.42% to $4,886.91, its third daily loss in five sessions this week. The tech-heavy Nasdaq Composite (+0.12%) ended positive, while the Dow Jones Industrial (-0.15%) and the S&P 500 (-0.04%) ticked lower. Wall Street lost steam, with 78% of NYSE stocks declining before the weekend. 

May 30 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain Amid Market Selloff
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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.