The GovCon Index followed the across-the-board declines in U.S. and global markets Thursday with a loss of 1.492 percent to 76.994.
Twenty-eight Index stocks posted declines while McKesson Corp. (NYSE: MCK) was the only Index stock that closed in positive territory at a nominal gain of 31Â cents to $190.30 and Serco Group, which trades over-the-counter in the U.S., ended the day unchanged at $1.66.
All three major U.S. stock indices plunged at least 1 percent Thursday as investors showed disappointment in the European Central Bank’s decision to not increase the size and scope of its current easing initiative and Federal Reserve Chair Janet Yellen strongly hinted at an interest rate hike in December, Reuters reported.
Market Summary
| Advancing Issues | 1 |
| Declining Issues | 28 |
| Unchanged Issues | 1 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 76.994 | -1.166 | -1.492% |
| S&P 500 | 2, 049.67 | -29.84 | -1.43% |
| Dow Jones Industrial Average | 17, 447.67 | -252.01 | -1.42% |
| NASDAQ | 5, 037.53 | -85.69 | -1.67% |
