Hello, Guest!
  • Wednesday, November 20, 2024

May 8 Morning Report: Friday Close – GovCon Index at 30 Day High and Major Markets Set New Records


The Executive Mosaic GovCon Index ended Friday at a 30 day high closing at 93.666 up 0.915 percent on the day 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 Friday with strong April employment numbers. The S&P500 and NASDAQ both hit new record highs. The S&P500 came very close to topping 2,400 closing at 2,399.27 while the NASDAQ broke through the 6,100 mark ending the week at 6,100.76. Investors came off the sidelines as the strong April jobs report seemed to ease some fears of a weakening 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

Video of the Day

Related Articles

Kris Chester Promoted to Chief Technology Officer at WTI Executive Moves

Kris Chester Promoted to Chief Technology Officer at WTI

Kris Chester was elevated to the role of chief technology officer at WTI, a Fairfax, Virginia-based information technology services provider that caters to the U.S. service branches, defense and civilian agencies and other government organizations, according to his LinkedIn post. The executive most recently served as WTI’s enterprise architect, supporting intelligence data and innovation senior

July 24th Market Close: GovConIndex Closes Up and Major Indices Close Mixed Financial Report

July 24th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up for the third consecutive day to 98.461. Advancers barely outpaced decliners at 16 to 14. The major indices closed mixed on the day with the S&P500 at 2,469.94, while DJIA closed at 21,513.58. The NASDAQ Composite settled at a new record high of 6,410.81. Crude oil ended the day

June 13 Market Close: GovCon Index and Major Indices All Close Up Financial Report

June 13 Market Close: GovCon Index and Major Indices All Close Up

The Executive Mosaic GovCon Index closed up for the fifth consecutive day with a mix of service providers and platform companies leading the pack. Technology stocks rebounded from a two-day slump, what Bloomberg called the worst slide of the year. During the course of the day, the Dow Jones Industrial Average hit a new intraday high, the