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  • Friday, November 22, 2024

May 22 Morning Report: Friday Close – GovCon Index and Markets Reverse Mid Week Slump


After posting strong quarterly earnings McKesson Corporation lead theGovCon Index. McKesson closed up $11.57 per share (8.18 percent) to $153.01. The Executive Mosaic GovCon Index ended Friday up 1.29 percent to 92.864.

The major markets showed significant gains reversing the mid week slump with the DJIA recapturing 53 percent of Wednesdays losses.

At market close WTI closed up strongly to break through to $50 mark to a monthly high of $50.35 up 2.01 percent. WTI was up $1.51 or 3 percent for the week. There is still strong speculation that OPEC will confirm extending cuts through March of next year at their meeting in Vienna next week. 

  Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 92.864 +1.495 +1.293% +4.887 +5.55%
S&P 500 2,381.73 +16.01 +0.68% +130.10 +5.78%
Dow Jones Industrial Average 20,804.84 +141.82 +0.69% +931.31  +4.69% 
NASDAQ 6,083.70 +28.57 +0.47% +658.08  +12.13% 
Advancing GovCon Index Issues 28
Declining GovCon Index Issues 2
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change –´ % Change
MCK* McKesson Corp * 153.01 +11.57 +8.18%
HII Huntington Ingalls 195.49 +5.15 +2.71%
NAV Navistar 25.90 +0.68 +2.70%
LMT * Lockheed Martin * 272.79 +5.47 +2.05%
KBR KBR  14.75  +0.28 +1.94%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change –´ % Change
MCK * McKesson Corp * 153.01 +11.57 +8.18%
LMT * Lockheed Martin * 272.79 +5.47 +2.05%
HII Huntington Ingalls 195.49 +5.15 +2.71%
BA * Boeing * 180.76 +3.36 +1.89%
GD * General Dynamics *  195.87  +3.23 +1.68%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change –¾ % Change
VEC Vectrus 28.48 -0.42 -1.45%
SAIC SAIC 71.92 -0.21 -0.29%

*Companies Included in S&P500 Index

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