On a year-to-date basis, the Index remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index, of which 11 GovCon Index companies are also listed in.
Falls Church, Va.-based technology contractor CSRA (NYSE: CSRA) was the Index’s leading gainer for a second consecutive day at 26 cents — or 0.88Â percent to $29.85Â and the company’s stock has recorded gains in four consecutive trading sessions.
CSRA ended Wednesday as the fourth-highest percentage gainer in the S&P 500 a day after the company led the Index in positive movement.
Crude futures in New York settled down 3.06 percent to $36.71 a barrel after the American Petroleum Institute said the country’s oil inventory grew another 2.9 million barrels and brent crude in London fell 3.18 percent to $36.59 a barrel.
Energy shares fell nearly 1.5 percent and material stocks also declined in afternoon trade, CNBC reported.
GovCon Index Gainers
Symbol | Company | $ Current Price | Net Change | % Change |
---|---|---|---|---|
CSRA | CSRA * | 29.85 | +0.26 | +0.88% |
CUB | Cubic Corp. | 47.76 | +0.23 | +0.48% |
LLL | L-3 Communications * | 120.94 | +0.22 | +0.18% |
* Also listed in the S&P 500 index
Market Summary
Advancing Issues | 3 |
Declining Issues | 26 |
Unchanged Issues | 1 |
Index | Value | Net Change | % Change |
---|---|---|---|
GovCon Index | 77.761 | –0.621 | –0.792% |
S&P 500 | 2, 063.36 | -15.00 | -0.72% |
Dow Jones Industrial Average | 17, 603.87 | -117.11 | -0.66% |
NASDAQ | 5, 065.85 | -42.09 | -0.82% |