Executive Mosaic’s GovCon Index stayed positive, rising 0.19% to $5,021 for another daily gain. All three major stock indexes posted news highs due to lower inflation readings in April. The Nasdaq Composite (+1.17%) and S&P 500 (+1.17%) finished strong, while the blue-chip Dow Jones (+0.885) closed near the 40,000 level.
Tag: Tetra Tech
May 14 Market Report: Executive Mosaic’s GovCon Index Posts Meager Gain, Wall Street Settles Higher
Executive Mosaic’s GovCon Index ends slightly higher at $5,011.61 on a meager gain (+0.07%). All three major U.S. stock indexes also advanced, with the Nasdaq Composite (+0.75%) notching a record close. The blue-chip Dow Jones (+0.32%) recovered from Monday’s losses, while the S&P 500 (+0.48%) had a five-week high.
May 2 Market Report: Executive Mosaic’s GovCon Index Clings to Gain, Wall Street Regains Strength
Executive Mosaic’s GovCon Index edged 0.08% higher to $4,894.92, clinging to gains. All three major U.S. stock indexes overcame the headwind and ended positive. Tech stocks rallied to help the Nasdaq Composite rise 1.5%. The Dow Jones Industrial Average (+0.85%) and S&P 500 (+0.91%) trimmed their losses.
April 30 Market Report: Executive Mosaic’s GovCon Index Retreats, Wall Street Drowns in Sea of Red
Executive Mosaic’s GovCon Index fell 0.63% to $4,884.21, a sudden retreat from a strong showing Monday. Wall Street lost momentum as U.S. stocks drowned in red tide. The Dow Jones (-1.47%) shed 570 points, while the S&P 500 (-1.57%) and Nasdaq Composite (-2.04%) plunged on renewed inflation pressures.
April 17 Market Report: Executive Mosaic’s GovCon Index Dips, Wall Street Extends Slump
Executive Mosaic’s GovCon Index is back in negative territory, dipping 0.33% to $4,740.64. Wall Street extended its slump, aided by the weakness of tech stocks. The Nasdaq Composite (-1.15%) and the S&P 500 (-0.58%) registered their fourth straight losing session, while the blue-chip Dow Jones Industrial Average (-0.12%) edged lower.
April 2 Market Report: Executive Mosaic’s GovCon Index and Wall Street Slump on Heightened Volatility
Executive Mosaic’s GovCon Index had another down day, closing 0.88% lower at $4,886.33. Wall Street retreated from record territory, with the Dow Jones Industrial Average (-1.0%) and S&P 500 (-0.72%) posting their worst day in nearly a month. The tech-heavy Nasdaq Composite (-0.95%) slumped on the weakness of semiconductor stocks.
April 1 Market Report: Executive Mosaic’s GovCon Index Slips to Kick Off 2nd Quarter, Major Indexes Close Mixed
Executive Mosaic’s GovCon Index slipped 0.66% to $4,930.46 after a strong showing in March. The Dow Jones Industrial Average (-0.60%) and S&P 500 (-0.20%) fell from their record highs. Only the Nasdaq Composite (+0.11%) advanced to start April and a new quarter. Also, the ten-year Treasury yield rose to 4.319%.
March 4 Market Report: Executive Mosaic’s GovCon Index Outperforms, Major Indexes Slip
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.
February 6 Market Report: Executive Mosaic’s GovCon Index Advances, GCI Stock Shines!
Executive Mosaic’s GovCon Index advanced 0.90% to $4,657.29 and returned to positive territory, with one constituent notching a record gain. Wall Street’s major indexes recovered from Monday’s selloff but with small gains. The benchmark ten-year Treasury note fell to 4.09% from its 11-day high of 4.177% in the previous session.
February 1 Market Report: Executive Mosaic’s GovCon Index and Wall Street Rebound from Fed-Induced Selloff
Executive Mosaic’s GovCon Index rebounded in a broad market rally, rising nearly 1% to $4,651.64. The Nasdaq Composite popped 1.3% after sinking 2.23% on mid-week due to a Fed-induced selloff. It was also an excellent start to February for the Dow Jones Industrial Average (+0.97%) and the S&P 500 (+1.25%).