Executive Mosaic’s GovCon Index climbed 0.49% to $4,810.85 as a positive storm hit Wall Street on Thursday. The Nasdaq Composite rose 2.96% to a two-year high, while the S&P 500 (+2.11%) closed at a fresh record. For the first time, the Dow Jones Industrial Average (+1.11%) ended above 39,000 points.
Tag: V2X
February 15 Market Report: Executive Mosaic’s GovCon Index Outperforms, S&P 500 Ends with New Record High
Executive Mosaic’s GovCon Index outperformed Wall Street, advancing 1.01% to $4,796.10. All major indexes ended higher, with the benchmark S&P 500 Index (+0.58%) recording its 11th record high for the year. The Dow Jones Industrial Average (+0.91%) rose triple digits, while the Nasdaq Composite (+0.30%) had a slight gain.
February 13 Market Report: Executive Mosaic’s GovCon Index Retreats, Stubborn Inflation Sparks Selloff
Executive Mosaic’s GovCon Index dropped 1.15% to $4,697.07, ending its five-day winning streak. Wall Street was shellshocked by stubborn inflation causing the blue-chip Dow Jones Industrial Average (-1.35%) to shed 524.63 points. The S&P 500 (-1.37%) and Nasdaq Composite (-1.80%) plunged on widespread losses.
February 12 Market Report: Executive Mosaic’s GovCon Index Sustains Momentum, Big Three Stay Within Record Levels
Executive Mosaic’s GovCon Index edged higher to $4,751.25 to keep its momentum going from last week. The Dow Jones Industrial Average (+0.33%) rose modestly but still posted a new all-time high. Both the S&P 500 (-0.09%) and Nasdaq Composite (-0.30%) slipped after Monday’s early rally fizzled.
February 2 Market Report: Executive Mosaic’s GovCon Index Dips Slightly, Dow Jones and S&P 500 Notch New Records
Executive Mosaic’s GovCon Index dipped slightly from Thursday to end at $4,651.09 (-0.01%). However, the Dow Jones Industrial Average (+0.35%) and S&P 500 (+1.07%) set new records again, buoyed by solid job numbers in December. The Nasdaq Composite rose 1.74% thanks to the stellar gains of two tech giants.
January 29 Market Report: Executive Mosaic’s GovCon Index Drifts Higher, Big Tech Earnings and Rate Decision This Week
Executive Mosaic’s GovCon Index picked up steam at the start of a busy week, rising 0.35% to $4,641.47. Two of the three major indexes log new records anew. The Dow Jones Industrial Average (+0.59%) and S&P 500 (+0.76%) posted their sixth-record close, while the tech-heavy Nasdaq Composite rose 1.12%.
January 16 Market Report: Executive Mosaic’s GovCon Index and Major Indexes Sink After Long Weekend
Executive Mosaic’s GovCon Index drops 1.5% to $4,571.41 after a strong comeback before the long weekend. Wall Street’s major indexes flashed red, opening the shortened trading week with losses. Despite its slip, the S&P 500 (-0.37%) remains close to its all-time high from two years ago.
January 16 Market Report: Executive Mosaic’s GovCon Index and Major Indexes Sink After Long Weekend
Executive Mosaic’s GovCon Index drops 1.5% to $4,571.41 after a strong comeback before the long weekend. Wall Street’s major indexes flashed red, opening the shortened trading week with losses. Despite its slip, the S&P 500 (-0.37%) remains close to its all-time high from two years ago.
January 11 Market Report: Executive Mosaic’s GovCon Index Swings to Red, Major Indexes Hardly Move
Executive Mosaic’s GovCon Index went red after slipping 0.23% to $4,571.84. U.S. stocks wavered throughout the session but the major indexes closed mixed. The Dow Jones Industrial Average (+0.04%) and S&P 500 (-0.07%) posted slight gains and losses, while the Nasdaq Composite snapped its winning streak and finished flat.
January 5 Market Report: Executive Mosaic’s GovCon Index Extends Skid, Major Indexes Post Gains to End Lackluster Week
Executive Mosaic’s GovCon Index dipped 0.21% to $4,565.98, extending its skid in January to four days. However, Wall Street’s major indexes subdued the pressure and ended higher. The ten-year Treasury yield rose above 4% after the U.S. Bureau of Labor Statistics reported a stronger-than-expected December jobs report.