The Executive Mosaic GovCon Index ended up 0.915 percent on the day and up 1.40 percent on the week to close at 93.666, as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report.
The major markets closed up on strong April employment numbers. The NASDAQ broke through the 6,100 mark to set a new high at 6,100.76. The week proved to be positive for the Trump administration with the House passing the new Health care bill. The strong April jobs report seemed to ease some investors fears of a weak economy.
At market close WTI rebounded $0.86 to 46.38 as global producers indicate that current agreed production cuts could extend past the June deadline, alleviating some concerns about oversupply.
Today Market Summary
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 93.666 | +0.849 | +0.915% |
| S&P 500 | 2,399.27 | +9.77 | +o.41% |
| Dow Jones Industrial Average | 21,006.94 | +55.47 | +0.26% |
| NASDAQ | 6,100.76 | +25.42 | +0.42% |
| Advancing GovCon Index Issues | 25 |
| Declining GovCon Index Issues | 5 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Percentage Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| ICFI | ICF | 48.15 | +2.85 | +6.29% |
| HII | Huntington Ingalls | 195.50 | +7.29 | +3.87% |
| NAV | Navistar Intern. | 26.37 | +0.82 | +3.21% |
| BAESY | BAE Systems | 33.84 | +0.83 | +2.53% |
| CAE | CAE | 15.92 | +0.30 | +1.92% |
Top GovCon Index Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| HII | Huntington Ingalls | 195.50 | +7.29 | +3.87% |
| NOC | Northrop Grumman * | 248.91 | +3.16 | +1.29% |
| ICF | ICF | 48.15 | +2.85 | +6.29% |
| LMT | Lockheed Martin * | 273.03 | +2.52 | +0.93% |
| BA | Boeing * | 185.01 | +1.94 | +1.06% |
Top GovCon Index Percentage Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| MMS | Maximus Inc. | 60.79 | -0.60 | -0.98% |
| CACI | CACI Intern. | 126.35 | -1.10 | -0.86% |
| MCK | McKesson Corp. * | 141.47 | -0.75 | -0.53% |
*Companies Included in S&P500 Index
