Executive Mosaic’s GovCon Index hit a new all-time record close Tuesday on a strong performance from blue chip stock McKesson Corp. (NYSE: MCK) as U.S. equities also reached new highs for a third consecutive session Tuesday after Federal Reserve Chair Janet Yellen’s testimony to Senate lawmakers on Capitol Hill. GovCo...
Executive Mosaic’s GovCon Index rose Monday in tandem with major U.S. equity indices that set new record highs as investors continued to bet President Donald Trump’s plans for lower corporate taxes and regulations can boost economic growth. GovCon Index advancers outnumbered decliners by an 8-to-1 ratio as 10 of its 11 S&P ...
Executive Mosaic’s GovCon Index traded lower Wednesday on declines by services-oriented contractors as U.S. stocks traded in narrow range with financial shares the main laggards and crude oil prices again a focal point of investor attention. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as three of its 11 S&P 500 c...
Executive Mosaic’s GovCon Index pared its losses to close flat against a mostly positive session for U.S. stocks Wednesday after the Federal Reserve left interest rates unchanged and said it sees improvement in consumer and business sentiment. GovCon Index decliners outnumbered gainers 17-13 for a second straight sessi...
Executive Mosaic’s GovCon Index closed flat Tuesday with large prime aerospace contractors the main laggards and services companies the predominant gainers as U.S. stocks also fell on continued investor uncertainty over White House policies. GovCon Index decliners outnumbered gainers 18-12 as three of its 11 S&P 500 com...
Executive Mosaic’s GovCon Index posted its largest decline in seven weeks Monday as the general U.S. stock market also saw increased selling activity amid investor concern over the Trump administration’s immigration measure to bar entry into the U.S. from seven Middle East countries. Only three of the GovCon Index’s 30 co...
Weekly Roundup January 9 – January 13 2017 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson This first full week back to work for us after the Christmas and New Year™s holiday season also happens to represent the last one before President-elect Donald Trump takes office next...
Executive Mosaic’s GovCon Index traded lower Monday on declines by large and middle-tier prime contractors as U.S. stocks showed mixed results after biotechnology gains lifted the Nasdaq composite index to an all-time record close and utilities weighed on the S&P 500 composite index. GovCon Index laggards outnumbered gainers...
Executive Mosaic’s GovCon Index registered a 0.162-point climb Friday to 89.761 and closed the week in the positive. Lockheed Martin (NYSE: LMT) was GCI’s top net performer while Honeywell (NYSE: HON) led the Index in percentage gained. The Index’s gain follows the latest jobs report from the Labor Dep...
Executive Mosaic’s GovCon Index closed the week slightly higher Friday as the Dow neared the 20.000 mark. The major markets enjoyed a shot in the arm from The Labor Department’s report that 156, 000 new jobs were added in December. Advancers equaled decliners on the day with the GovCon Index closing up 2.0% on the short...
