Executive Mosaic's GovCon Index sustained its momentum, rising 1.37% to $149.83. Wall Street's Big Three lost steam and gave up gains from the previous session while the ten-year Treasury yield rose to 4.259%.
May 20, 2024
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Tag: Palantir Technologies
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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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November 28 Market Report: Executive Mosaic’s GovCon Index Stays Red, Big Three Inch Higher
Executive Mosaic’s GovCon Index slipped 0.24% to $144.94 and stayed in red territory, while the top indexes inched higher. The Nasdaq Composite (+0.29%) gained the most, followed by the Dow Jones Industrial (+0.24%) and the S&P 500 (+0.10%). US stocks got a boost from a key Federal Reserve official.
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November 24 Market Report: Executive Mosaic’s GovCon Index Gains, Tech Stocks Fall in Shortened Trading Session
Executive Mosaic’s GovCon Index rose 0.40% to $145.90 on the resumption of trading after Thanksgiving Day. The Dow Jones Industrial Average and the S&P 500 posted gains, while the tech sector pulled down the Nasdaq Composite (-11%). Nearly 63% of the constituents of the tech-heavy index advanced before the holiday.
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November 21 Market Report: Executive Mosaic’s GovCon Index Gives Up Gains, Winning Streak Ends
Executive Mosaic’s GovCon Index gave up gains from the last three sessions, sliding 0.09% to $144.95. The S&P 500 Index and the Nasdaq Composite snapped their five-day winning streaks, while the blue-chip Dow Jones Industrial Average shed more than 60 points (-0.18%) to close in the red.
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November 20 Market Report: Executive Mosaic’s GovCon Index and Wall Street Advance, Declining Treasury Yields Boost Stocks
Executive Mosaic’s GovCon Index rose to the occasion, finishing 0.71% higher at $145.09. Wall Street reached its highest level since August, while the S&P 500 Index (+0.74%) and Nasdaq Composite (+1.13%) extended their winning streak to five days. The Dow Jones Industrial Average gained over 200 points (+0.58%).
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November 17 Market Report: Executive Mosaic’s GovCon Index and Wall Street End Positive on Small Gains
Executive Mosaic’s GovCon Index atoned for its loss on Thursday and edged modestly higher to $144.06 (+0.02%). Trading was relatively quiet, although Wall Street registered another winning (third) week. The S&P 500 Index (+0.13%), Nasdaq Composite (+0.08%), and the Dow Jones Industrial Average (+0.01%) had small gains.
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November 10 Market Report: Executive Mosaic’s GovCon Index, the Big Three End Higher on Widespread Rally
Executive Mosaic’s GovCon Index rose nearly 1% to $142.41 and end the week higher. The widespread rally on Wall Street lifted the Big Three and helped them post weekly gains. The Dow Jones gained 391.16 points (+1.15%), while the S&P 500 Index and Nasdaq Composite climbed 1.56% and 2.05%, respectively.
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November 2 Market Report: Executive Mosaic’s GovCon Index and Wall Street Sustain Momentum as Bond Yields Fall
Executive Mosaic’s GovCon Index had another strong finish, ending at $142.31 (+1.43%). Wall Street kept its upward momentum alive as the ten-year Treasury yield dropped to 4.6888%. The Dow Jones Industrial Average, the S&P 500 Index, and the Nasdaq Composite advanced by 1.7% or more.
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November 3 Market Report: Executive Mosaic’s GovCon Index Advances Again as Wall Street Posts Best Week in 2023
Executive Mosaic’s GovCon Index average closed at $142.77 or 0.32% higher as Wall Street posted its best week in 2023 after a month-long sell-off. The Dow Jones Industrial Average rose 0.66%, the S&P 500 Index climbed 0.94%, and the Nasdaq Composite recorded its biggest one-week gain after advancing 1.38%.
