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 a pickup in wage growth and the share of prime-age Americans in the labor force — all pointing to the high probability of a Fed rate increase at this week’s meeting.
WTI crude remains below the $50 mark closing at $48.39 per barrel off the weekly high of $53.62.
Market Summary
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 92.870 | +0.072 | +0.078% |
| S&P 500 | 2,371.25 | +6.38 | +0.27% |
| Dow Jones Industrial Average | 20,903.19 | +45.00 | +0.22% |
| NASDAQ | 5,861.73 | +22.92 | +0.39% |
| Advancing GovCon Index Issues | 22 |
| Declining GovCon Index Issues | 8 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| HRS | Harriss Corp. * | 110.62 | +1.16 | +1.06% |
| ACM | AECOM | 36.07 | +0.96 | +2.37% |
| HON | Honeywell* | 127.04 | +0.85 | +0.67% |
| VEC | Vectrus | 22.36 | +0.65 | +2.99% |
| GIB | CGI Group | 47.21 | +0.62 | +1.33% |
Top GovCon Index Percentage Performers
| Symbol | Company | $ Current Price | Net Change | % Change –´ |
|---|---|---|---|---|
| VEC | Vectrus | 22.36 | +0.65 | +2.99% |
| ACM | AECOM | 36.07 | +0.96 | +2.73% |
| NAV | Navistar Intern. | 26.00 | +0.39 | +1.52% |
| EGL | Engility Holdings | 28.87 | +0.43 | +1.51% |
| MANT | ManTech Intern. | 35.82 | +0.49 | +1.39% |
GovCon Index Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| HII | Huntington Ingalls | 211.70 | -2.00 | -0.94% |
| BA | Boeing* | 178.70 | -1.87 | -1.04% |
| MCK | McKesson Corp.* | 147.67 | -1.80 | -1.20% |
*Companies Included in S&P500 Index
