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September 21 Market Close: GovCon Index Up, US Stocks Steady as Post-Fed Decision Week Starts


GovConIndexUPThe GovCon Index kicked off the first full week of trading since the Federal Reserve‘s Thursday decision to hold interest rates with a decline of 0.098 points to 72.354 on a light-volume day in U.S. markets.

Biotechnology stocks dragged U.S. stocks up until the 1 p.m. Eastern time hour then all three major indices featured choppy activity up until the 4 p.m. close, according to the Wall Street Journal.

Healthcare stocks also declined Monday and traders are anticipating the next earnings season as a milestone to determine the U.S. and global economy’s strength, the Journal reported.

Executive Mosaic’s GovCon Index tracks 30 large, publicly-traded government contracting companies.

Top GovCon Index Gainers

Company $ Current Price $ Change % Change ▴
Serco Group plc 1.75 +0.13 +7.89%
CGI Group 36.90 +0.71 +1.96%
CACI International 76.67 +1.28 +1.70%
L-3 Communications 107.94 +1.05 +0.98%
AECOM 27.49 +0.25 +0.92%

Market Summary

Advancing Issues 19
Declining Issues 11
Unchanged Issues 0
Index Value Net Change % Change
GovCon Index 72.354 +0.098 +0.136%
S&P 500 1, 966.97 +8.94 +0.46%
Dow Jones Industrial Average 16, 510.19 +125.61 +0.77%
NASDAQ 4, 828.95 +1.73 +0.04%

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