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  • Friday, November 22, 2024

June 27 Morning Report: Raytheon Lone Gainer as GovCon Index Drops After Brexit Vote


GovConIndexDOWNThe GovCon Index closed Friday with its worst one-day percentage decline in 2016 at 2.805 percent to 77.327 on the heels of Britain’s vote to leave the European Union.

The referendum vote impacted financial markets worldwide, with the Index capping the week at a 1.175-percent loss while the S&P 500 composite index dropped 3.6 percent Friday and entered negative territory on a year-to-date basis.

 

Raytheon (NYSE: RTN) was GCI’s lone gainer Friday with a 92-cent climb.

Market Summary

Advancing GovCon Index Issues 1
Declining GovCon Index Issues 29
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 77.327 -2.232 -2.805%
S&P 500 2, 037.30 -76.02 -3.60%
Dow Jones Industrial Average 17, 399.86 -611.21 -3.39%
NASDAQ 4, 707.98 -202.06 -4.12%

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