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March 23 Market Close: GovCon Index Down as Markets Mix on Canceled Healthcare Vote

Executive Mosaic’s GovCon Index closed to a monthly low of 91.512. The major U.S. markets close mixed with the S&P 500 and DJIA down slightly for the second straight day and the NASDAQ up. It appears that the GOP scraped the healthcare bill all together. The Trump administration could not reach …

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March 23 Market Close: GovCon Index and Markets Close Down on Delayed Healthcare Vote

Executive Mosaic’s GovCon Index moved down in lock step with the major U.S. markets. The major U.S. markets reversed their earlier gains to close down late in the day as the GOP delayed the vote on their healthcare bill. The Trump administration are still attempting to reach agreement with conservative Republicans …

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March 22 Market Close: GovCon Index Closes Up, as Markets Wait for Health Care Vote

Executive Mosaic’s GovCon Index moved up as stocks partially rebound from yesterday’s steep losses. After yesterday’s more than 1 percent drop the markets closed mixed with the S&P 500 and NASDAQ up on the day and the DJIA down. Investors were mixed as they wait for the Republican health care bill …

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March 20 Market Close: GovCon Index Closes Down, as Equities Markets Close Mixed

Executive Mosaic’s GovCon Index moved downward as the equities markets closed mixed on the day. The S&P 500 and DJIA ended the day down off -0.20 percent and -0.04 percent respectively while the NASDAQ closed up +0.01. Stocks reacted as Federal Reserve Bank of Chicago President Charles Evans eluted to the …

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March 20 Morning Report: GovCon Index Closes Week in the Positive as Fed Raises Rates To 1.00 Percent

On Wednesday of last the Federal Reserve raised rates by one quarter point to 1.0 percent, while giving a strong indication of the potential for two additional rate increases to come later in the year. Executive Mosaic’s GovCon Index moved up to end the week in the positive. The Index closed …

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March 17 Market Close: GovCon Index Ends Week Up, as Markets Show Modest Weekly Gains

Executive Mosaic’s GovCon Index moved contrary to the markets today to end the week in the positive. The Index closed at 94.094, up 0.853 percent from the week’s open. The markets closed mixed for the day with the S&P 500 and DJIA closing down, 0.13 percent and 0.10 percent respectively. The …

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March 15 Market Close: GovCon Index Up, as Markets React Positively to the Federal Reserve Rate Increase

Executive Mosaic’s GovCon Index closed up on the day as markets responded positively to the Federal Reserve raising the benchmark lending rate. Not to anybody’s surprise the Federal Reserve raised rates by one quarter point to 1.0 percent, while also giving a strong indication for two additional rate increases later in …

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March 14 Market Close: GovCon Index Down, With Markets Responding Negatively To Increased Oil Output

Executive Mosaic’s GovCon Index followed the markets down today closing at 92.883 off 0.445 percent. The major markets were dragged down by energy stocks as Saudi Arabia announced that they will increase production back above ten million barrels per day. WTI crude fell below the $48 mark closing the day at …

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March 13 Market Close: GovCon Index Up, With Markets Mixed

Executive Mosaic’s GovCon Index closed up on the day as markets were mixed; the S&P 500 up 0.04 % to 2372.47, the DJIA closing down 0.10% to 20,881.48, and the NASDAQ up 0.24% closing at 5875.78. Advancing issues outpaced declining 4 to 1. Rockwell Collins lead the way for GovCon Index …

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