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July 17 Market Close: GovCon Index Down, US Stocks Mixed


GovConIndexDOWNThe GovCon Index ended the week in negative territory to close at a loss of 0.272 points and end at 77.103.

Index company Honeywell (NYSE: HON) saw its share price jump nearly 2 percent after the company reported an increase of $1.51 earnings per share for its second fiscal quarter, up 9 percent from the prior year period.

Declines in earnings stocks and Google‘s (Nasdaq: GOOG) positive earnings statement drove trading activity in U.S. markets Friday, according to Bloomberg.

Traders also digested the latest consumer confidence report and Federal Reserve Chair Janet Yellen’s remarks on Capitol Hill Thursday, Bloomberg reported.

The Dow Jones Industrial Average fell 33.80 points to 18, 806.45, the S&P 500 composite index gained 2.35 points to 2, 126.64 and the NASDAQ composite index rose 46.96 points to 5, 120.14.

Top Percentage Gainers

Company $ Current Price $ Change % Change
Honeywell International 105.54 +1.97 +1.90%
Health Net 68.63 +0.18 +0.26%
Maximus 67.82 +0.10 +0.15%
General Dynamics 148.65 +0.20 +0.13%
Rockwell Collins 92.89 +0.07 +0.08%

Market Summary

  Advancing Issues      3 (10.00%)
  Declining Issues    27 (90.00%)
  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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