The Executive Mosaic GovCon Index (GCI) reversed its positive direction yesterday to close down 0.762 percent to 101.346. Advancing and declining shares closed evenly on the day. The platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all shared the top slots of the GCI, all posting in excess of 1.0 percent gains.
The major indices closed mixed with minor change as the S&P500 down 0.15 percent to 2,461.43, while the DJIA gained a modest 0.06 percent to 21,797.79, and the NASDAQ Composite lost 0.59 percent to close at 6,360.19.
Crude oil pulled back today as WTI on the NY Mercantile Exchange closed down 3.12 percent to $47.56 per barrel. Markets reacted to the potential decline in demand for oil as Hurricane Irma bears down on The Florida Coast.
Market Summary
| INDEX | SETTLEMENT VALUE | DAY NET CHANGE | DAY % CHANGE | Y-T-D NET CHANGE | Y-T-D % CHANGE | |
| GovCon Index | 101.346 | -0.297 | -0.762% | +13.369 | +15.20% | |
| S&P 500 | 2,461.43 | -3.67 | -0.15% | +209.86 | +9.32% | |
| Dow Jones Industrial Average | 21,797.79 | +13.01 | +0.06% | +1,924.93 | +9.69% | |
| NASDAQ | 6,360.19 | -37.68 | -0.59% | +934.57 | +17.23% |
| Advancing GovCon Index Issues | 14 |
| Declining GovCon Index Issues | 16 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Daily Percentage Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| NAV | Navistar Int’l | 38.89 | +0.69 | +1.81% |
| BAESY | BAE Systems | 32.20 | +0.43 | +1.35% |
| TXT* | Textron Inc.* | 49.24 | +0.53 | +1.09% |
| BA* | Boeing* | 238.78 | +2.47 | +1.05% |
| MCK* | McKesson Corp.* | 156.94 | +1.10 | +0.71% |
Top GovCon Index Daily Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| BA* | Boeing* | 238.78 | +2.47 | +1.05% |
| NOC* | Northrop Grumman* | 267.45 | +1.58 | +0.59% |
| MCK* | McKesson Corp.* | 156.94 | +1.10 | +0.71% |
| GD* | General Dynamics Corp.* | 197.87 | +0.83 | +0.42% |
| LMT* | Lockheed Martin* | 303.14 | +0.79 | +0.26% |
Top GovCon Index Daily Percentage Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| SAIC | SAIC | 61.06 | -13.60 | -18.22% |
| KBR | KBR | 17.41 | -0.63 | -3.49% |
| VEC | Vectrus | 28.04 | -0.59 | -2.06% |
*Companies Included in S&P500 Index
