The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets.
The GCI opened up nearly a half-percent in the first 45 minutes with the S&P 500 composite index at a 0.4-percent gain then as investors initially reacted to positive movement in European markets before the late afternoon decline.
Material and financial stocks were the biggest S&P 500 gainers and offset by declines in biotechnology, telecommunications and healthcare shares.
Top GovCon Index Gainers
| Symbol | Company | $ Current Price | Net Change | % Change |
|---|---|---|---|---|
| NAV | Navistar International | 12.02 | +0.39 | +3.35% |
| CSRA | CSRA* | 26.19 | +0.51 | +1.99% |
| ACM | AECOM | 29.77 | +0.21 | +0.71% |
| CAE | CAE | 11.35 | +0.06 | +0.53% |
| GIB | CGI Group | 47.99 | +0.24 | +0.50% |
* Also listed in the S&P 500 composite index
Market Summary
| Advancing GovCon Index Issues | 14 |
| Declining GovCon Index Issues | 16 |
| Unchanged GovCon Index Issues | 0 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 74.005 | -0.222 | -0.299% |
| S&P 500 | 2, 041.99 | -5.61 | -0.27% |
| Dow Jones Industrial Average | 17, 556.41 | -20.55 | -0.12% |
| NASDAQ | 4, 833.40 | -17.29 | -0.36% |
