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October 23 Market Report: Executive Mosaic’s GovCon Index Extends Slump, Tech Stocks Rise as Bond Yields Ease
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October 23 Market Report: Executive Mosaic’s GovCon Index Extends Slump, Tech Stocks Rise as Bond Yields Ease

Executive Mosaic’s GovCon Index slid 0.69% to $138.50, extending its slump to four consecutive sessions. The big three indexes started strong as bond yields eased, but the Dow Jones Industrial Average (-0.58%) and the S&P 500 (-0.17%) lost steam. Only the Nasdaq Composite (+0.27%) advanced to snap the losing streak.   

October 6 Market Report: Executive Mosaic’s GovCon Index and Wall Street Post Gains Despite Strong Job Growth
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October 6 Market Report: Executive Mosaic’s GovCon Index and Wall Street Post Gains Despite Strong Job Growth

Executive Mosaic’s GovCon Index gained 1.17% to snap its six-day losing streak. There was panic at Wall Street initially when the stronger-than-expected jobs report came out, but a turnaround followed. The Dow Jones Industrial Average (+0.87%), S&P 500 Index (+1.18%) and Nasdaq Composite (+1.60%) ended the week in the green.