Hello, Guest!
  • Friday, November 22, 2024

July 17th Market Close: GovConIndex Closes Down While Major Indices Close Mixed


The Executive Mosaic GovCon Index (GCI) reversed it’s positive direction from last week to close down 0.308 percent to 97.774. Decliners outpaced advancers 2 to 1.

After last weeks record highs the major indices had minor changes on the day closing mixed with the S&P500 and DJIA down and the NASDAQ Composite up. The markets await quarterly earnings reports to determine market positions.

Crude oil closed down with WTI on the NY Mercantile Exchange settling at $45.99 per barrel off 1.18 percent. The markets are questioning if OPEC production cuts are having any impact on global markets.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index  97.774  -0.197 -0.308% +9.797 +11.14%
S&P 500 2,459.16  -0.11 -0.00% +207.59 +9.22%
Dow Jones Industrial Average  21,631.44 -6.30 -0.03% +1,758.58 +8.85%
NASDAQ  6,314.43 +1.97 +0.03%   +888.81 +16.38%
Advancing GovCon Index Issues  10
Declining GovCon Index Issues  20
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change –´ % Change
 KBR  KBR 15.40 +0.19 +1.25%
 MCK*  McKesson Corp.* 168.12 +0.62 +0.37%
 CUB  Cubic Corp. 47.50 +0.15 +0.32%
 BA*  Boeing* 209.00 +0.49 +0.24%
 CSRA*  CSRA* 32.89  +0.07 +0.21%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change –´ % Change
 MCK*  McKesson Corp.* 168.12 +0.62 +0.37%
 BA*  Boeing* 209.00 +0.49 +0.24%
 LMT*  Lockheed Martin* 288.49 +0.36 +0.12%
 CACI  CACI Int’l  128.55  +0.25 +0.19%
 KBR  KBR 15.40  +0.19 +1.25%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change –¾ % Change
 BAH  Booz Allen Hamilton 33.00 -0.83 -2.45%
 SAIC  SAIC 70.60 -1.30 -1.81%
 MMS  Maximus, Inc. 59.25 -0.98 -1.63%

*Companies Included in S&P500 Index

Video of the Day

Related Articles

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs Financial Reports

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs

Lockheed Martin (NYSE: LMT) generated $17.2 billion in net sales during the first quarter of 2024, up 14 percent from the prior-year period’s $15.1 billion, and reported $1.5 billion in Q1 net earnings, or $6.39 per share. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it returned $1.8 billion in cash to shareholders through

Scott Wood Named VP of Defense Programs at T-Rex; Leslie Hubbard-Darr Quoted Executive Moves

Scott Wood Named VP of Defense Programs at T-Rex; Leslie Hubbard-Darr Quoted

Scott Wood, formerly vice president of programs at Leonardo DRS (Nasdaq: DRS), has been named VP of defense programs at T-Rex Solutions, a provider of information technology modernization services to government agencies. He will manage the company’s growth strategy and oversee the delivery of IT products and services to the Department of Defense in his

Lockheed Lands $157M USAF Joint Air-to-Surface Standoff Missile Enterprise Software Sustainment Contract Contract Awards

Lockheed Lands $157M USAF Joint Air-to-Surface Standoff Missile Enterprise Software Sustainment Contract

Lockheed Martin‘s (NYSE: LMT) rotary and mission systems division has secured a $157 million contract to help the U.S. Air Force sustain the enterprise management software of the service branch’s air-launched cruise missile system. The contractor will perform sustainment and modernization of the Joint Air-to-Surface Standoff Missile enterprise management software, build operational real-time combat analysis