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Financial Report

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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March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets Up

Executive Mosaic’s GovCon Index followed markets to close up Friday after the release of strong February employment figures. The Labor Department’s monthly report showed employers added an above-forecast 235,000 positions in February, with the jobless rate dropping to 4.7 percent. Other strong indicators from the February report were a pickup in …

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March 10 Market Close: GovCon Index Up, While Markets Respond to Strong Jobs Data

Executive Mosaic’s GovCon Index closed up as major markets rebounded on strong February employment results. The Labor Department’s monthly report showed employers added an above-forecast of 235,000 positions in February, led by construction jobs and employment in the goods-producing industries. Other strong indicators from the February report were a pickup in …

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March 9 Market Close: GovCon Index Down, While Stock Markets Close Up and WTI Drops Below $50

Executive Mosaic’s GovCon Index closed down for the day to 92.798 off -0.123%, contrary to the major markets which all closed slightly up. Investors wait for the February official U.S. jobs data due to release tomorrow. GovCon Index decliners outpaced advancers 19 to 11 as Orbital ATK (NYSE:OA) leds gainers for …

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March 7 Market Close: GovCon Index Up, US Stock Markets Down

Executive Mosaic’s GovCon Index reversed it’s four day losing streak to close up 0.000% to 93.000. Even with the US stocks posting it third lose in the past four days the GovCon Index was able to remain in the positive. GovCon Index advancers split evenly with decliners as seven of its …

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