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  • Friday, April 26, 2024

October 22 Morning Report: GovCon Index Up at Market Close


GovConIndexGains all around reflected a GovCon Index close of 64.854 on Tuesday, up by 1.010 points or 1.533 percent from the previous day.

Strong quarterly earnings from technology companies, coupled with the European Central Bank looking to buy corporate bonds as an option, boosted the Standard & Poor’s 500 by 1.96 percent and helped the Nasdaq index achieve gains of more than 2 percent, Sam Forgione reported for Reuters.

Top Percentage Gainers

CompanyStock Price% Change
AECOM Technology31.553.78%
CSC58.753.73%
Intelsat17.773.43%
Healthnet47.643.27%
Honeywell92.923.24%

Market Summary

Advancing Issues29 (96.67%)
Declining Issues1 (3.34%)
Unchanged Issues0

The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) Companies.

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