Executive Mosaic’s GovCon Index advanced for the second straight day, rising modestly to $4,986.25 (+0.27%). On Wall Street, the rate cut across the border lifted the S&P 500 (+1.18%) and Nasdaq Composite (+1.96%) to new record highs. The Dow Jones Industrial Average (+0.25%) rose nearly 100 points.
Tag: V2X
May 31 Market Report: Executive Mosaic’s GovCon Index Picks Up Steam, Best Day for Dow Jones
Executive Mosaic’s GovCon Index picked up steam, rising 1.12% to $4,998.95. Wall Street regained strength, with the Dow Jones Industrial Average climbing more than 570 points (+1.51%) to mark its best day in 2024. The S&P 500 (+0.80%) kept pace, while the Nasdaq Composite (-0.01%) stepped in the red zone.
May 24 Market Report: Executive Mosaic’s GovCon Index Bounces Back, Nasdaq Sets Fresh Record
Executive Mosaic’s GovCon Index recovers from a sharp loss, rising 0.64% to $5,055.57. Wall Street’s major stock indexes ended positive before the weekend, with the Nasdaq Composite setting a new record following a 1.1% advance. The S&P 500 (+0.705) ticked higher, while the Dow Jones Industrial Average (+0.01%) was flat.
May 22 Market Report: Executive Mosaic’s GovCon Index Stays Positive, Wall Street Retreats
Executive Mosaic’s GovCon Index stayed positive, ending at $5,070.54 (+0.02%) following a tiny gain. However, Wall Street retreats as rate cuts hope dim. The Dow Jones Industrial Average (-0.51%) had its worst trading day in May, while the S&P 500 (-0.27%) and Nasdaq Composite (-0.18%) lost steam.
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 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Major US Indexes End Flat
Executive Mosaic’s GovCon Index slipped 0.49% Monday to $5,007.86 following its strongest week in 2024. Wall Street’s top indexes were mostly flat, although the Nasdaq Composite (+0.29%) ended positive. The Dow Jones Industrial Average (-0.21%) snapped its eight-day winning streak, while the S&P 500 (-0.02%) closed lower.
May 7 Market Report: Executive Mosaic’s GovCon Index Holds Steady, Wall Street Ends Mixed
Executive Mosaic’s GovCon Index held steady, rising modestly to $4,986.68 (-0.08%) despite half of its components falling in red territory. The Dow Jones Industrial Average (+0.08%) and S&P 500 (+0.13%) edged higher, while the Nasdaq Composite (-0.10%) closed slightly lower.
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.
May 1 Market Report: Executive Mosaic’s GovCon Index Rises Slightly, Markets Lose Steam
Executive Mosaic’s GovCon Index turned positive mid-week, rising 0.14% to $4,891.06. Wall Street’s major indexes settled mixed, with the Dow Jones Industrial Average (+0.23%) closing modestly higher. The S&P 500 (-0.34%) and Nasdaq Composite (-0.33%) declined due to inflation risks. The U.S. Federal Reserve said interest rates will remain high.
April 23 Market Report: Executive Mosaic’s GovCon Index Extends Winning Streak, Wall Street Rises on Strong Corporate Earnings
Executive Mosaic’s GovCon Index rose 0.91% to $4,862.49, extending its winning streak to three days. Wall Street flashed green on strong corporate earnings. The Nasdaq Composite (+1.59%) and S&P 500 (+1.20%) recouped last week’s losses as the Dow Jones Industrial Average (+0.69%) stayed in positive territory.