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.
Executive Mosaic’s GovCon Index climbed 0.49% to $4,810.85 as a positive storm hit Wall Street on Thursday. The Nasdaq Composite rose 2.96% to a two-year high, while the S&P 500 (+2.11%) closed at a fresh record. For the first time, the Dow Jones Industrial Average (+1.11%) ended above 39,000 points.
Executive Mosaic’s GovCon Index outperformed Wall Street, advancing 1.01% to $4,796.10. All major indexes ended higher, with the benchmark S&P 500 Index (+0.58%) recording its 11th record high for the year. The Dow Jones Industrial Average (+0.91%) rose triple digits, while the Nasdaq Composite (+0.30%) had a slight gain.
Executive Mosaic’s GovCon Index popped 1.06% to $4,747.52 and recovered from a broad market selloff. Only two GCI constituents closed lower. Wall Street’s major indexes also turned green on Valentine’s Day. The Nasdaq Composite (+1.30%) bounced back together with the S&P 500 (+0.96%) and Dow Jones Industrial Average (+0.40%).
Executive Mosaic's GovCon Index grows 0.41% to $4,654.78 as it joins the post-Christmas rally. Wall Street's Big Three indexes ended higher to start the last but holiday-shortened trading week in 2023. The Dow Jones Industrial Average and S&P 500 increased by 0.4%, while the Nasdaq Composite gained 0.5%.
Executive Mosaic’s GovCon Index sustained momentum and rose 0.42%, ending in the green again at $141.94. Wall Street also ticked higher mid-week despite an escalating Mid-East conflict and inflation fears. The Nasdaq Composite (+0.71%) and S&P 500 (+0.43%) finished stronger than the blue-chip Dow Jones (+0.19%).
