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 rose 0.41% to $4,963.08 and kept pace with Wall Street’s push to new record highs. While the tech-heavy Nasdaq Composite (-0.12%) closed in the red, the S&P 500 (+0.11%) and Dow Jones Industrial (+0.12%) gained to post their best first quarters since 2019 and 2021, respectively.
Executive Mosaic’s GovCon Index made a significant leap, surging 1.2% to $4,942.61 as markets regained momentum. The main stock indexes settled higher, with the Dow Jones Industrial Average gaining 477.75 points (+1.22%). The S&P 500 (+0.86%) marked a new all-time high, while the Nasdaq Composite (+0.51%) finished near its record.
Executive Mosaic’s GovCon Index closed slightly higher at $4,876.97 (+0.08%) as Wall Street’s main indexes posted moderate losses. The Dow Jones Industrial Average (-0.08%) and S&P 500 (-0.28%) extended their losing streaks to three, while the Nasdaq Composite (-0.42%) ended in the red for the second straight session.
Executive Mosaic’s GovCon Index advanced 0.74% to $4.919.04. All three major U.S. stock indexes jumped following a clear direction of interest rates. The Nasdaq Composite climbed 0.89%, while the blue-chip Dow Jones (+1.03%) and S&P 500 (+0.89%) posted new all-time highs. Also, the ten-year Treasury yield closed lower at 4.28%.
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.
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 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%.
Executive Mosaic’s GovCon Index continued its momentum, rising 0.32% to $4,962.45 as 80% of its constituents advanced. Wall Street’s top stock market indexes regained ground and settled higher. The tech-heavy Nasdaq Composite (+0.58%) led the recovery from Tuesday's selloff. GCI stocks Palantir Technologies (NYSE: PLTR) and AeroVironment (Nasdaq: AVAV) outperformed.
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.
