Hello, Guest!
  • Wednesday, November 20, 2024

July 17th Morning Report: Friday Close – GovConIndex, S&P500, DJIA End The Week at New Highs


The Executive Mosaic GovCon Index (GCI) closed the week on Friday at a new high while coming close to breaking the 98.00 mark. Advancers outpaced decliners 3 to 1 as the GCI closed at 97.971, up 0.450 percent.

The major indices all closed up with the S&P500 and DJIA reaching a new highs.  The S&P500 ended the day at 2,459.29, the DJIA at 21,637.74, and the NASDAQ Composite up to 6,312.47.

WTI crude oil closed positive for the fifth consecutive day. WTI on the NY Mercantile Exchange moved up settling at $46.61 per barrel up 1.15 percent as U.S. stockpiles decline and estimates indicate that global demand is increasing faster then supply.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index  97.971  +0.552 +0.45%   +9.994 +11.36%
S&P 500  2,459.29  +11.46 +0.47%   +207.72 +9.23%
Dow Jones Industrial Average 21,637.74 +84.65 +0.39%   +1,764.88 +8.88%
NASDAQ  6,312.47 + 38.03 +0.61%   +886.85 +16.35%
Advancing GovCon Index Issues  23
Declining GovCon Index Issues  7
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change –´ % Change
 NAV  Navistar Int’l  29.18 +0.69 +2.42%
 LLL*  L3 Technologies*  172.11 +3.12 +1.85%
 COL  Rockwell Collins, Inc. 110.51 +1.44 +1.32%
 LDOS  Leidos Holdings, Inc. 53.24 +0.63 +1.20%
 OA  Orbital ATK, Inc. 101.93  +1.13  +1.12%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change –´ % Change
 LLL*  L3 Technologies* 172.11 +3.12 +1.85%
 BA*  Boeing*  208.51 +2.28 +1.11%
 COL  Rockwell Collins, Inc. 110.51 +1.44 +1.32%
 LMT*  Lockheed Martin 288.13  +1.37 +0.48%
 MCK*  McKesson Corp. 167.50  +1.17 +0.70%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change –¾ % Change
 BAESY  BAE Systems 32.34 -0.21 -0.65%
 ICFI  ICFI 46.65 -0.25 -0.53%
 MMS  Maximus, Inc. 60.23 -0.14 -0.23%

*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