The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction.
The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies.
Bloomberg reported that the U.S. dollar strengthened after a report from the Labor Department indicating 151, 000 jobs generated in January for nonfarm payrolls and an eight-year low of 4.9 percent in the unemployment rate.
Top GovCon Index Gainers
| Symbol | Company | $ Current Price | Net Change | % Change |
|---|---|---|---|---|
| CUB | Cubic Corp. | 34.33 | +0.55 | +1.63% |
| COL | Rockwell Collins | 81.27 | +0.87 | +1.08% |
| LMT | Lockheed Martin* | 211.94 | +1.73 | +0.82% |
| MCK | McKesson* | 154.36 | +0.55 | +0.36% |
| RTN | Raytheon* | 126.65 | +0.23 | +0.18% |
*Also listed in the S&P 500 composite index
Market Summary
| Advancing GovCon Index Issues | 7 |
| Declining GovCon Index Issues | 22 |
| Unchanged GovCon Index Issues | 1 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 70.204 | -0.960 | -1.349% |
| S&P 500 | 1, 880.02 | -35.43 | -1.85% |
| Dow Jones Industrial Average | 16, 204.83 | -211.75 | -1.29% |
| NASDAQ | 4, 363.14+ | -146.41 | -3.25% |
