The Executive Mosaic GovCon Index posted minor losses to close down 0.011 percent to 93.282 with advancers and decliners split evenly. Textron topped of the GovCon Index board gaining 3.60 per cent on rumors of a possible acquisition by Lockheed Martin hit the streets.
U.S. major markets closed down as the Bloomberg Consumer Comfort Index showed consumers having hesitations about the strength of the U.S. economy. The NASDAQ closed down 13 points to 6,115.96 ending the five days of record highs.
WTI rose again for the second consecutive day up $0.45 to $47.78. OPEC gave strong indications of continuing oil cuts until the end of the year with the firm decision to be made at the OPEC meeting on May 25th.
Today Market Summary
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 93.282 | -0.010 | -0.011% |
| S&P 500 | 2,394.44 | -5.19 | -o.22% |
| Dow Jones Industrial Average | 20,919.42 | -23.69 | -0.11% |
| NASDAQ | 6,115.96 | -13.18 | -0.22% |
| Advancing GovCon Index Issues | 14 |
| Declining GovCon Index Issues | 16 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Percentage Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| TXT | Textron * | 48.57 | +1.69 | +3.60% |
| MCK | McKesson Corp. * | 145.70 | +2.47 | +1.72% |
| OA | Orbital ATK | 99.43 | +1.34 | +1.37% |
| LDOS | Leidos Holdings | 52.70 | +0.27 | +0.51% |
| MMS | Maximus | 63.47 | +0.28 | +0.44% |
Top GovCon Index Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| MCK | McKesson Corp. * | 145.70 | +2.47 | +1.72% |
| TXT | Textron * | 48.57 | +1.69 | +3.60% |
| OA | Orbital ATK | 99.43 | +1.34 | +1.37% |
| BA | Boeing * | 183.94 | +0.76 | +0.41% |
| GD | General Dynamics * | 194.98 | +0.59 | +0.30% |
Top GovCon Index Percentage Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| CUB | Cubic Corp. | 45.45 | -1.40 | -2.99% |
| EGL | Engility Holdings | 27.39 | -0.45 | -1.62% |
| MANT | ManTech Intern. | 38.31 | -0.55 | -1.42% |
*Companies Included in S&P500 Index
