Hello, Guest!
  • Tuesday, November 19, 2024

October 2nd Market Close: GovConIndex and Three Major Indices Set New Record Highs


The Executive Mosaic GovCon Index (GCI) continued its strong performance gaining 1.144 percent to set a new high of 108.47 with advancing shares outpacing declining 28 to 2.

The markets started off the fourth quarter on a strong note with all three major indices reaching new record highs. The S&P500 was up 0.39 percent to 2,529.12, while the DJIA closed at 22,557.60 a positive 0.68 percent, and the NASDAQ Composite advanced 0.32 percent to close at 6,516.72.

WTI crude oil on the NY Mercantile Exchange spent the day in the negative, turning upward in the second half of the day but not enough to break into positive territory. WTI closed down 2.19 percent to $50.54 per barrel.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 108.392 +1.029 +1.08%   +20.415 +23.20%
S&P 500 2,529.12 +9.76 +0.39%   +277.55 +12.33%
Dow Jones Industrial Average  22,557.60 +152.51 +0.68%   +2,684.74 +13.51%
NASDAQ 6,516.72 +20.76 +0.32%   +1,091.10 +20.11%
Advancing GovCon Index Issues  +28
Declining GovCon Index Issues   – 2
Unchanged GovCon Index Issues    0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change –´ % Change
 VEC  Vectrus 31.72  +0.88   +2.85%
 EGL  Engility Holdings, Inc. 35.56   +0.88  +2.54%
 MANT  ManTech International 45.07   +0.92  +2.08%
 CACI  CACI International, Inc.  142.20  +2.85  +2.05%
 ICF  ICF  55.05  +1.10  +2.04%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change –´ % Change
 HII  Huntington Ingalls Industries  229.93  +3.49  +1.54%
 GD  General Dynamics Corporation* 208.72   +3.14 +1.53%
 LLL  L3 Technologies*  191.55 +3.12   +1.66%
 CACI  CACI International, Inc.  142.20 +2.85  +2.05%
 NOC  Northrop Grumman*  289.90 +2.18   +0.76%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change –¾ % Change
 BAESY  BAE Systems 34.09  -0.41  -1.19% 
 GIB  CGI Group  51.43 -0.44   -0.85%

*Companies Included in S&P500 Index

Video of the Day

Related Articles

Northrop Posts 9% Increase in Q1 2024 Sales; Kathy Warden Quoted Financial Reports

Northrop Posts 9% Increase in Q1 2024 Sales; Kathy Warden Quoted

Northrop Grumman (NYSE: NOC) gained $10.1 billion in sales during the first quarter of 2024, up 9 percent from the $9.3 billion it posted in the same period last year, and reported net earnings of $944 million, or $6.32 per diluted share. The company, in a Thursday announcement, attributed the sales growth to higher sales

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile Contract Awards

State Department OKs $2B in FMS Deals With Poland, Netherlands for Extended-Range Anti-Radiation Missile

The State Department has approved the requests of the governments of Poland and the Netherlands to buy an extended-range variant of the Advanced Anti-Radiation Guided Missile system, related equipment and support services from the U.S. government under two foreign military sales deals worth approximately $2 billion combined. Northrop Grumman (NYSE: NOC) will serve as the

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech Contract Awards

Northrop Lands $167M Navy Contract Modification for G/ATOR Radar Tech

Northrop Grumman (NYSE: NOC) has secured a potential $167.1 million contract modification from the U.S. Navy to supply four lot 6 full-rate production Ground/Air Task Oriented Radar systems. Marine Corps Systems Command is the contracting activity and will obligate the full contract amount using the U.S. Air Force’s other procurement funds for fiscal year 2024,