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  • Saturday, April 20, 2024

February 1 Morning Report: GovCon Index Recovers From Correction


GovConIndexUPThe GovCon Index closed Friday with a 2.643-percent gain to 71.807 to surge out of correction territory.

The gain comes amid a recovery in technology stocks and investor optimism on a slowdown of future interest rate increases by the Federal Reserve.

 

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
NAV Navistar International 7.27 +0.52 +7.70%
HON Honeywell International* 103.20 +5.23 +5.34%
RTN Raytheon* 128.24 +6.06 +4.96%
ICFI ICF International 34.21 +1.58 +4.84%
HII Huntington Ingalls Industries 127.88 +5.43 +4.43%

*Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 28
Declining GovCon Index Issues 1
Unchanged GovCon Index Issues 1
Index Value Net Change % Change
GovCon Index 71.807 +1.849 +2.643%
S&P 500 1, 940.24 +46.88 +2.48%
Dow Jones Industrial Average 16, 466.30 +396.66 +2.47%
NASDAQ 4, 613.95 +107.28 +2.38%

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