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 on certain aspects of th...
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 to be voted on in...
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 at 94.094, up 0.853 percent...
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 NASDAQ showed no movement from...
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 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 $47.87 per barrel off 1.10%....
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...
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 Februa...
Executive Mosaic’s GovCon Index closed down for the day to 92.912 off -0.092%. The major market closed mixed as investors wait to see what the Fed will do with interest rates. The Dow was down 0.33% to close at 20,855.73, the S&P500 off 5.41 points to close at 2,362.98, and the NASDAQ was positive 0.06% to...
Executive Mosaic’s GovCon Index closed at an all-time record high Monday with large aerospace-and-defense primes the main contributors to gains after President Donald Trump unveiled his proposal to raise military spending 9 percent for the next federal fiscal year. U.S. stocks also posted small gains as the benchmark S&P 500 composite...
