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  • Wednesday, April 24, 2024

October 13 Market Close: GovCon Index, US Stocks Fluctuate to Declines


GovConIndexDOWNThe GovCon Index failed to hold momentum from a strong late morning spike Tuesday as it closed with a decline of 0.715 points to 73.713.

U.S. stocks traded in and out of positive territory Tuesday as investors continue to anticipate third quarter earnings reports from multinational corporations and other blue chip companies, the Wall Street Journal reported.

An analysis from FactSet projects third quarter earnings for S&P 500 companies to decline 5.1 percent from the prior year period, according to the Journal.

Executive Mosaic tracks 30 large, publicly-traded government contracting companies.

GovCon Index Gainers

Company$ Current Price$ Change% Change
McKesson Corp.191.91+1.30+0.68%
CACI International82.46+0.14+0.17%
Maximus64.28+0.07+0.11%

Market Summary

Advancing Issues4
Declining Issues26
Unchanged Issues0
IndexValueNet Change% Change
GovCon Index73.713-0.715-0.961%
S&P 5002, 003.69-13.77-0.68%
Dow Jones Industrial Average17, 081.89-49.97-0.29%
NASDAQ4, 796.61-42.03-0.87%

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