As fears of the June Federal Reserve rate hike subsided the GovCon Index and major market indexes closed the week in the positive. The GovCon Index closed at 77.776 up 0.705 points, the Dow Jones Industrial Average was up 65.54 points to close at 17, 500.94, the S&P500 gained 12.28 to 2, 052.32, and the NASDAQ closed up 57.02 points to 4, 769.56.
The GovCon Index closed with 27 gainers over 3 losers. There were several strong performers today in the GovCon Index as indicated in the tables below.
Top GovCon Index Net Gainers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| NOC | Northrop Grumman* | 212.72 | +1.65 | +0.78% |
| VEC | Vectrus | 24.52 | +1.50 | +6.52% |
| LLL | L-3 Communications* | 138.20 | +1.35 | +0.99% |
| MCK | McKesson Corp* | 182.29 | +1.33 | +0.73% |
| MMS | Maximus, Inc | 55.34 | +1.32 | +2.44% |
Top GovCon Index Percentage Gainers
| Symbol | Company | $ Current Price | Net Change | % Change –´ |
|---|---|---|---|---|
| I | Intelsat | 3.40 | +0.29 | +9.32% |
| VEC | Vectrus | 24.52 | +1.50 | +6.52% |
| CUB | Cubic Corp. | 40.23 | +1.06 | +2.71% |
| MMS | Maximus, Inc. | 55.34 | +1.32 | +2.44% |
| SAIC | SAIC | 53.30 | +1.18 | +2.26% |
* S&P500 Company
Market Summary
| Advancing GovCon Index Issues | 27 |
| Declining GovCon Index Issues | 3 |
| Unchanged GovCon Index Issues | 0 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 77.071 | +0.520 | +0.670% |
| S&P 500 | 2, 052.32 | +12.28 | +0.60% |
| Dow Jones Industrial Average | 17, 500.94 | +65.54 | +0.38% |
| NASDAQ | 4, 769.56 | +57.02 | +1.21% |
