Executive Mosaic’s GovCon Index moved downward as the equities markets closed mixed on the day.
The S&P 500 and DJIA ended the day down off -0.20 percent and -0.04 percent respectively while the NASDAQ closed up +0.01. Stocks reacted as Federal Reserve Bank of Chicago President Charles Evans eluted to the potential of multiple interest rate hikes this year.
GovCon Index declining shares outpaced advancers 5 to 1.
WTI closed down at $48.17 per barrel off 1.25 percent as US drilling increases which counters OPEC production cuts.
Market Summary
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 93.558 | -0.555 | -0.590% |
| S&P 500 | 2,373.47 | -4.78 | -0.20% |
| Dow Jones Industrial Average | 20,905.86 | -8.76 | +0.04% |
| NASDAQ | 5,901.53 | +0.53 | +0.01% |
| Advancing GovCon Index Issues | 5 |
| Declining GovCon Index Issues | 25 |
| Unchanged GovCon Index Issues | 0 |
Top GovCon Index Net Performers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| COL | Rockwell Collins | 99.19 | +0.64 | +0.65% |
| HRS | Harris Corp. * | 112.55 | +0.24 | +0.21% |
| GIB | CGI Group | 47.62 | +0.17 | +0.36% |
| LMT | Lockheed Martin * | 272.03 | +0.05 | +0.02% |
| CSRA | CSRA * | 29.30 | +0.04 | +0.14% |
Top GovCon Index Percentage Performers
| Symbol | Company | $ Current Price | Net Change | % Change –´ |
|---|---|---|---|---|
| COL | Rockwell Collins | 99.19 | +0.64 | +0.65% |
| GIB | CGI Group | 47.62 | +0.17 | +0.36% |
| HRS | Harris Corp. * | 112.55 | +0.24 | +0.21% |
| CSRA | CSRA * | 29.30 | +0.04 | +0.14% |
| LMT | Lockheed Martin * | 272.03 | +0.05 | +0.02% |
GovCon Index Decliners
| Symbol | Company | $ Current Price | Net Change –¾ | % Change |
|---|---|---|---|---|
| EGL | Engility Holdings | 29.97 | -1.06 | -3.42% |
| ICFI | ICF | 41.30 | -0.75 | -1.78% |
| ACM | AECOM | 35.13 | -0.52 | -1.46% |
*Companies Included in S&P500 Index
