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  • Thursday, April 25, 2024

October 9 Market Close: GovCon Index Closes Up, US Stocks End at Modest Gains


GovConIndexUPThe GovCon Index closed up 0.425 points to 74.198 Friday as U.S. investors continued to digest the Federal Reserve‘s September meeting minutes that went public Thursday.

For the week, the Index rose 5 percent to conclude its second straight positive weekly performance after two straight weeks the Index ended at declines for those respective five-day periods.

The S&P 500 composite index recorded its best weekly performance for the year as investors anticipate earnings season, the Wall Street Journal reported.

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

Top GovCon Index Gainers

Company$ Current Price$ Change% Change
Health Net62.58+1.57+2.57%
Orbital ATK78.78+1.90+2.47%
McKesson Corp.189.95+3.66+1.96%
Huntington Ingalls Industries113.51+2.04+1.83%
Engility Holdings29.73+0.52+1.78%

Market Summary

Advancing Issues17
Declining Issues13
Unchanged Issues0
IndexValueNet Change% Change
GovCon Index74.198+0.425+0.576%
S&P 5002, 014.89+1.46+0.07%
Dow Jones Industrial Average17, 084.49+33.74+0.20%
NASDAQ4, 830.47+19.68+0.41%

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