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  • Sunday, December 22, 2024

October 23rd Morning Report: GovCon Index Up and Stocks Post Sixth Straight Weekly Gain


The Executive Mosaic GovCon Index (GCI) was up 0.603 points from Monday’s opening value to post a weekly gain of 0.55 percent to end Friday’s trading at 109.782.  Friday saw advancing shares outpacing declining 5 to 1.

The three major indices all closed Friday up reaching new highs and posting the sixth straight weekly gain as the Trump administration draws closer to passing a new tax plan . The S&P500 closed up 0.51 percent to 2,575.21, while the DJIA soared 165 points to close at 23,328.63 a positive 0.71 percent, and the NASDAQ Composite rebounded from yesterday lose to 6,629.05 up 0.36 percent.

WTI crude oil on the NY Mercantile Exchange closed up 0.72 percent to $51.66 per barrel.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 109.782 +0.974 +0.832%   +21.805 +24.78%
S&P 500  2,575.21 +13.11 +0.51%   +323.64 +14.37%
Dow Jones Industrial Average  23,328.36 +165.32 +0.71%   +3,455.50 +17.39%
NASDAQ 6,629.05 +23.99 +0.36%   +1,203.43 +22.18%
Advancing GovCon Index Issues  25
Declining GovCon Index Issues  5
Unchanged GovCon Index Issues  0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change –´ % Change
 NAV  Navistar Int’l  43.48  +1.90 +4.57%
 BA*  Boeing* 264.75  +5.71 +2.20%
 MMS  Maximus, Inc.  66.36  +1.04 +1.59%
 CSRA*  CSRA* 31.73  +0.48 +1.54%
 SAIC  SAIC  70.88  +1.04 +1.49%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change –´ % Change
 BA*  Boeing* 264.75 +5.71 +2.20%
 LMT*  Lockheed Martin*  320.00  +3.16 +1.00%
 GD*  General Dynamics Corp.*  213.86  +2.22 +1.05%
 NOC*  Northrop Grumman* 188.90  +1.95 +1.04%
 RTN*  Raytheon* 294.60  +1.95 +0.67%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change –¾ % Change
 GIB  CGI Group  53.00  -0.60 -1.12%
 BAESY  BAE Systems  32.02  -0.12 -0.39%
 ICFI  ICF  54.25  -0.20 -0.37%

*Companies Included in S&P500 Index

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