The Executive Mosaic GovCon Index closed up sharply 1.413 percent to 95.454. Posting the single largest daily gain for the month. 29 of the 30 stocks that make up the GovCon Index advanced on the day. Navistar International lead the index, up 6.66 percent as the company announced key executive changes at the top.
The major indices all closed significantly up on the day as European banks indicate that an interest rate increase is very possible.
WTI crude oil closed up for the fifth consecutive day, to settle at $44.74 per barrel a positive 1.13 percent as U.S. gasoline stockpiles decline.
Market Summary
| INDEX | SETTLEMENT VALUE | DAY NET CHANGE | DAY % CHANGE | Y-T-D NET CHANGE | Y-T-D % CHANGE | |
| GovCon Index | 95.454 | +0.98 | +1.413% | +7.477 | +8.50% | |
| S&P 500 | 2,440.69 | +21.32 | +0.88% | +189.12 | +8.40% | |
| Dow Jones Industrial Average | 21,454.61 | +141.95 | +0.68% | +1,581.75 | +7.96% | |
| NASDAQ | 6,234.41 | +87.79 | +1.43% | +808.79 | +14.91% |
| Advancing GovCon Index Issues | 29 |
| Declining GovCon Index Issues | 1 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Daily Percentage Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| NAV | Navistar Int’l | 26.75 | +1.67 | +6.66% |
| VEC | Vectrus | 32.41 | +1.15 | +3.68% |
| EGL | Engility Holdings, Inc. | 27.85 | +0.74 | +2.73% |
| CACI | CACI Int’l | 125.90 | +3.25 | +2.65% |
| MANT | ManTech Int’l | 39.83 | +0.97 | +2.50% |
Top GovCon Index Daily Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| CACI | CACI Int’l | 125.90 | +3.25 | +2.65% |
| NOC* | Northrop Grumman* | 257.56 | +2.23 | +0.87% |
| LMT* | Lockheed Martin* | 280.02 | +2.19 | +0.79% |
| LLL* | L3 Technologies* | 168.04 | +2.01 | +1.21% |
| GD* | General Dynamics Corp.* | 200.83 | +1.99 | +1.00% |
*Companies Included in S&P500 Index
