Executive Mosaic’s GovCon Index climbed 1.37% to $148.15 while the Big Three U.S. indexes outperformed to start December. The broad market index S&P 500 and the blue-chip Dow Jones Industrial Average rose 0.59% and 0.82%, respectively, to close at new highs. The tech-heavy Nasdaq Composite wasn’t far behind, advancing 0.55%.
Executive Mosaic’s GovCon Index edged lower to $145.29 at the start of the week. Wall Street’s Big Three also cooled off after four winning weeks. The Dow Jones Industrial Average (-0.16%), the S&P 500 Index (-0.20%), and the Nasdaq Composite (-0.07%) registered modest losses.
Executive Mosaic’s GovCon Index rose 0.40% to $145.90 on the resumption of trading after Thanksgiving Day. The Dow Jones Industrial Average and the S&P 500 posted gains, while the tech sector pulled down the Nasdaq Composite (-11%). Nearly 63% of the constituents of the tech-heavy index advanced before the holiday.
Executive Mosaic’s GovCon Index rose to the occasion, finishing 0.71% higher at $145.09. Wall Street reached its highest level since August, while the S&P 500 Index (+0.74%) and Nasdaq Composite (+1.13%) extended their winning streak to five days. The Dow Jones Industrial Average gained over 200 points (+0.58%).
Executive Mosaic’s GovCon Index edged 0.80% higher to $143.55 along with the Dow Jones Industrial Average (+0.21%) to start the week. However, the S&P 500 (-0.02%) and the Nasdaq Composite fell slightly due to Moody’s downgrading of U.S. credit from stable to negative.
Executive Mosaic’s GovCon Index dipped slightly, closing 0.10% lower at $142.08. However, Wall Street’s Big Three posted their longest winning streaks since 2021. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite rose 0.17%, 0.28% and 0.90%, respectively. Also, the ten-year Treasury yield marched down to 4.57%.
Executive Mosaic’s GovCon Index lost steam from Friday’s rally and slipped 0.39% to $142.22. The major indexes edged higher with Nasdaq Composite (+0.30%) registering its longest winning streak since January 2023. Both the Dow Jones (+0.10%) and S&P 500 (+0.18%) notched six straight days of wins since mid-year and July.