Executive Mosaic’s GovCon Index rebounded from Tuesday’s loss, climbing 1.01% to $135.64. Nasdaq Composite (+0.22%) and the S&P 500 Index (-0.02%) edged higher, but the Dow Jones finished in the red. The 10-year Treasury Yield rose five basis points to 4.612%, reaching its highest level in 15 years.
December 4, 2024
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December 4, 2023November 21, 2024Uncategorized
December 1 Market Report: Executive Mosaic’s GovCon Index Rises, Dow Jones and S&P 500 Post New Highs
Executive Mosaic’s GovCon Index climbed 1.37% to $148.15 while the Big Three U.S. indexes outperformed to start December. The broad market index S&P 500 and the blue-chip Dow Jones Industrial Average rose 0.59% and 0.82%, respectively, to close at new highs. The tech-heavy Nasdaq Composite wasn’t far behind, advancing 0.55%.
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January 22, 2024November 21, 2024Uncategorized
January 19 Market Report: Executive Mosaic’s GovCon Index Edges Higher, S&P 500 Posts New All-Time High
Executive Mosaic’s GovCon Index gained 0.04% to close slightly higher at $4,609.49. The S&P 500 Index advanced 1.23% to surpass its previous all-time high recorded in January 2022, while the blue-chip Dow Jones (+1.05%) registered a second record close in 2024. Surging tech stocks pushed the Nasdaq Composite higher (+1.70%).
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February 5, 2024November 21, 2024Uncategorized
February 2 Market Report: Executive Mosaic’s GovCon Index Dips Slightly, Dow Jones and S&P 500 Notch New Records
Executive Mosaic’s GovCon Index dipped slightly from Thursday to end at $4,651.09 (-0.01%). However, the Dow Jones Industrial Average (+0.35%) and S&P 500 (+1.07%) set new records again, buoyed by solid job numbers in December. The Nasdaq Composite rose 1.74% thanks to the stellar gains of two tech giants.
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February 8, 2024November 21, 2024Uncategorized
February 7 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, S&P 500 Nears 5,000 Mark
Executive Mosaic’s GovCon Index sustained momentum and rose 0.84% to $4,696.70 ($156.56 average). Wall Street had a good trading session as the S&P 500 (+0.82%) notched its eighth record close in 2024 and neared the 5,000 mark. The Dow Jones Industrial Average (+0.41%) and Nasdaq Composite (+0.95%) had solid gains.
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February 9, 2024November 21, 2024Uncategorized
February 8 Market Report: Executive Mosaic’s GovCon Index Stays Positive, S&P 500 Posts New Record on Limited Gain
Executive Mosaic’s GovCon Index stayed positive and closed slightly higher at $4,699.42 (+0.06%). Wall Street’s major indexes had limited gains, although the benchmark S&P 500 Index (+0.06%) still posted a new record high. The Dow Jones Industrial Average (+0.13%) and Nasdaq Composite (+0.24%) held steady due to strong corporate earnings.
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December 13, 2023November 18, 2024Uncategorized
December 12 Market Report: Executive Mosaic’s GovCon Index and US 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.
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February 6, 2024November 18, 2024Uncategorized
February 5 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sink, Hope of Early Rate Cut Fades
Executive Mosaic’s GovCon Index slipped further to $4,615.41 (-0.77%) as investors’ confidence sank to start the week. Fed Chairman Jerome Powell confirmed on Sunday that no rate cut is coming in March. The Dow Jones Industrial Average (-0.71%), the S&P 500 (-0.32%) and the Nasdaq Composite (-0.20%) tumbled in unison.
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June 12, 2024November 18, 2024Uncategorized
June 11 Market Report: Executive Mosaic’s GovCon Index Slides as S&P 500 and Nasdaq Post New Highs
Executive Mosaic’s GovCon Index closed in the red, sliding 0.32% to $4,938.56. On Wall Street, the benchmark S&P 500 (+0.27%) and tech-heavy Nasdaq Composite (+0.88%) finished with new record highs. The Dow Jones Industrial Average (-0.31%) lost steam and shed 120 points.
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June 18, 2024November 18, 2024Uncategorized
June 17 Market Report: Executive Mosaic’s GovCon Index Ends Slump, S&P 500 and Nasdaq Hit New Records
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.
