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April 7 Market Close: GovCon Index Slips, Markets Await Fed Minutes


GovConIndexDOWNThe GovCon Index lost some ground from the previous day’s close Tuesday and recorded a loss of 0.254 points to close at 69.007 on Tuesday.

Bloomberg reports U.S. investors have their collective eye on the Federal Reserve‘s scheduled Wednesday release of minutes from its March meeting and many economic analysts surveyed by Bloomberg expect upcoming corporate earnings reports to show some declines.

The Dow Jones Industrial Average lost 5.43 points to 17, 875.42, the S&P 500 composite index dipped 4.29 points to 2, 076.33 and the NASDAQ composite index slipped 7.08 points to 4, 910.23.

Top Percentage Gainers

  Company  Stock Price  $ Change  % Change
  Serco Inc.  2.75  0.29  11.79%
  CGI Group  43.97  0.72  1.66%
  Navistar  28.95  0.39  1.37%
  Boeing  152.32  1.39  0.92%
  Leidos Holdings  42.43  0.10  0.24%

Market Summary

  Advancing Issues     9 (30.00%)
  Declining Issues   21 (70.00%)
  Unchanged Issues    0

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

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