Executive Mosaic’s GovCon Index slipped 0.60% to $4,938.26 and snapped its four-day winning streak. Wall Street pulled back amid shaky trading and profit-taking. The Nasdaq Composite fell 1.16% after its top stock had its worst day, while the blue-chip Dow Jones Industrial Average (-0.18%) and S&P 500 (-0.65%) drifted lower.
Executive Mosaic’s GovCon Index rose 0.89% to $4,625.36, ending its losing streak. Only the Dow Jones Industrial Average (+0.16%) of the three major indexes advanced with a fifth-record close in 2024. The S&P 500 (-0.07%) lost steam, while the Nasdaq Composite fell (-0.36%) on the weakness of chip stocks.
Executive Mosaic’s GovCon Index declined for the second straight day, sagging 0.15% to $4,615.98. The Dow Jones Industrial Average (-0.26%) remained in the red, too, pulled down by top-weighted constituents. Tech heavyweights lifted the Nasdaq Composite (+0.36%), while the S&P 500 (+0.08) set another record high despite a moderate gain.
Executive Mosaic’s GovCon Index slipped 0.39% to $4,650.38 to snap its five-day winning streak. U.S. stocks tumbled at the start of 2024, although the Dow Jones Industrial Average (+0.07%) gained slightly. The Nasdaq Composite (-1.63%) lost steam, while the S&P 500 (-0.57%) finished lower.
Executive Mosaic’s GovCon Index popped 1.1% to close higher at $146.13. The Dow Jones advanced 1.47% to post a new high for 2023, while the S&P 500 rose 0.38%. Both indexes had 8.9% month-to-month gains. The Nasdaq Composite (-0.23%) fell, but still had the best monthly performance.
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.
Executive Mosaic’s GovCon Index advanced 0.17% to $138.45 amid a negative market sentiment. Big tech companies suffered sharp price declines leading the Nasdaq Composite (-1.76%) into enter correction territory. The S&P 500 Index (-1.18%) fell to its lowest level, while the Dow Jones Industrial Average also registered a loss (-0.76%).
