Hello, Guest!
  • Friday, November 22, 2024

May 23 Market Close: GovCon Index Hits 30 Day High and S&P Close to 2,400


The Executive Mosaic GovCon Index closed up for the fourth consecutive with the advancers outpacing the decliners 3 to 1. The GovCon Index reached 30 day high of 94.234, up 0.367 percent.

All the U.S. indices were up on the day as the S&P500 came within 2 points of breaking 2,400. Markets responded to supportive European data that indicated global markets are on solid ground.

WTI broke through the $51 mark to settle at one month high of $51.36 up 0.45 percent as markets are optimistic about the nine month extension on production cuts to come from May 25th OPEC meeting. 

  Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 94.234 +0.350 +0.367% +6.257 +7.11%
S&P 500 2,398.42 +4.40 +0.18% +146.85 +6.52%
Dow Jones Industrial Average 20,937.91 +43.08 +0.21% +1,065.05 +5.36% 
NASDAQ 6,138.71 +5.09 +0.08% +713.09 +13.14% 
Advancing GovCon Index Issues 21
Declining GovCon Index Issues 8
Unchanged GovCon Index Issues 1

Top GovCon Index Daily Percentage Performers

BAE Systems

Symbol Company $ Current Price Net Change –´ % Change
LDOS Leidos Holdings 54.67 +1.30 +2.44%
MCK * McKesson Corp. * 159.00 +3.58 +2.30%
SAIC SAIC 74.19 +0.79 +1.08%
NAV Navistar Intern. 26.73 +0.26 +0.98%
KBR KBR  14.91  +0.14 +0.95%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change –´ % Change
MCK* McKesson Corp. 159.00 +3.58 +2.30%
GD * General Dynamics * 199.32 +1.57 +0.79%
LMT * Lockheed Martin * 278.36 +1.33 +0.48%
LDOS Leidos Holdings 54.67 +1.30 +2.44%
NOC Northrop Grumman *  250.65  +1.20 +0.48%

Top GovCon Index Daily Percentage Decliners

46

Symbol Company $ Current Price Net Change –¾ % Change
LLL  L3 Technologies * 164.18 -1.29 -0.78%
CAE CAE 15.76 -0.09 -0.57%
ICFI ICF 46.50  -0.25 -0.53%

*Companies Included in S&P500 Index

Video of the Day

Related Articles

Srini Dixit Appointed CAE Defense & Security CFO Executive Moves

Srini Dixit Appointed CAE Defense & Security CFO

Srini Dixit was named chief financial officer of CAE‘s defense and security business, joining the Arlington, Texas-located aviation services company from RTX‘s (NYSE: RTX) Raytheon subsidiary where he previously worked as vice president and CFO of its air power strategic business unit. He announced his appointment to the CAE Defense & Security executive leadership team

Boeing to Produce 17 P-8A Poseidon Aircraft Under $3.4B Navy Contract Contract Awards

Boeing to Produce 17 P-8A Poseidon Aircraft Under $3.4B Navy Contract

Boeing (NYSE: BA) has received a potential $3.4 billion contract from the U.S. Navy to produce 17 P-8A Poseidon aircraft for Canada and Germany. The company said Thursday it will manufacture 14 Poseidon planes for Canada’s air force and three units for the German navy. “The Poseidon is a proven aircraft, with more than 600,000

CAE Divests Health Care Business to Focus on Core Markets M&A Activity

CAE Divests Health Care Business to Focus on Core Markets

CAE (NYSE: CAE) has sold its health care business unit to Madison Industries for approximately $230.2 million as part of efforts to advance its focus on the training, simulation and aviation software markets. The Canadian aerospace and defense company said Friday the transaction initially announced in October 2023 is subject to customary adjustments and proceeds