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 the year. Of ...
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 companies upon receiving an upgrade...
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 11 S&P 500 components advanced...
Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald Trump̵...
Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregula...
Executive Mosaic’s GovCon Index posted a 0.625-point climb Friday to record a fourth consecutive weekly gain as defense stocks received a boost from President Donald Trump’s reiteration of his presidential campaign pledge to build up the military. GCI advancers outnumbered decliners by a 4-to-1 ratio with Huntington Ingalls Industri...
Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the we...
Executive Mosaic’s GovCon Index posted its biggest one-day decline in a month Thursday with services and industrial components the largest drags in a session that saw U.S. equities struggle for clear direction as investors looked for more clarity on President Donald Trump’s economic agenda. GovCon Index decliners outnumber...
Executive Mosaic’s GovCon Index held flat as the U.S. stock bellwether S&P 500 composite index traded narrowly lower Wednesday after the most recent Federal Reserve meeting minutes indicated a desire among many policymakers to raise interest rates “fairly soon.” GovCon Index advancers slightly edge...
Dan Allen, chairman and CEO of Serco Group‘s North American subsidiary, plans to retire from the Reston, Va.based professional services company by the middle of this year. Serco Inc. said Wednesday it will launch a search for Allen’s successor that will include internal and external candidates. “Throughout his tenur...
