Executive Mosaic’s GovCon Index finished positive at $4.946.42, following a modest 0.16% gain. The Nasdaq Composite (+2.42%) closed at 17,608.44 for a new all-time high, while the S&P (+1.12%) ended above 5,400 for the first time. Only the Dow Jones Industrial Average (-0.40%) had negative returns mid-week.
Tag: RTX
June 7 Market Report: Executive Mosaic’s GovCon Index and Wall Street Settle Lower, US Feds to Meet Next Week
Executive Mosaic’s GovCon Index fell for the second straight day, sliding 0.37% to $4,953.15. All major U.S. indexes turned red as hopes of a rate cut fade. The Nasdaq Composite (-0.23%) and S&P 500 (-0.11%) dipped from their record highs, while the Dow Jones Industrial Average (-0.22%) ticked lower.
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.
May 23 Market Report: Executive Mosaic’s GovCon Index Ends 7-Day Winning Streak, Wall Street Sinks
Executive Mosaic’s GovCon Index ended its seven-day winning streak following a 0.89% decline to $5,025.37. The Dow Jones Industrial Average (-1.53%) shed 605 points for its worst session in 2024, while the S&P 500 (-0.74%) dropped to a one-week low. Around 78% of Nasdaq Composite (-0.39%) constituents declined.
April 29 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Strong Q1 Earnings Prop Markets
Executive Mosaic’s GovCon Index drifts moderately higher to $4,915.21, gaining 0.21% to start the week. Strong corporate earnings prop Wall Street, with the S&P 500 (+0.32%) and Nasdaq Composite (+0.35%) rising to two-week highs. The blue-chip Dow Jones Industrial Average (+0.38%) gained 146 points.
April 22 Market Report: Executive Mosaic’s GovCon Index and Major US Stock Indexes Post Gains to Start a New Trading Week
Executive Mosaic’s GovCon Index stayed positive, rising 0.64% to 4,818.03. Wall Street’s major indexes flashed green to start a fresh and busy week. The S&P 500 (+0.87%) and Nasdaq Composite (+1.11%) ended their slumps, while the Dow Jones Industrial Average (+0.675) advanced triple digits.
April 19 Market Report: Executive Mosaic’s GovCon Index Outperforms, Wall Street Ends Week with Tech Selloff
Executive Mosaic’s GovCon Index rose 1.08% to $4,786.97 after its higher-priced stocks outperformed. Market volatility remained elevated due to the escalating Mid-East strife. The Nasdaq Composite (-2.05%) lost nearly 320 points and the S&P 500 sank 0.88%, while the Dow Jones Industrial Average (+0.56%) ended above water.
April 18 Market Report: Executive Mosaic’s GovCon Index Closes Lower, T-Notes Rise and Undercut Stocks
Executive Mosaic’s GovCon Index declined 0.11% to end lower at $4,735.44 for the second straight day. Wall Street barely moved, although the Dow Jones Industrial Average (+0.06%) ended positive. The S&P 500 (-0.22%) and tech-heavy Nasdaq Composite (-0.52%) stayed in the negative zone. The ten-year Treasury yield rose to 4.64%.
April 5 Market Report: Executive Mosaic’s GovCon Index Settles Higher, Strong Labor Market Lifts Wall Street
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.
April 4 Market Report: Executive Mosaic’s GovCon Index Posts Modest Gain Against Wall Street’s Sea of Red
Executive Mosaic’s GovCon Index floated in the sea of red, closing 0.07% higher at $4,873.37. The Dow Jones Industrial Average (-1.35%) shed 530 points, its worst day since March 2023. The S&P 500 (-1.235) had its worst performance since February, while the Nasdaq Composite (-1.40%) did not escape the selloff.