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March 3 Market Close: GovCon Index Extends Climb Ahead of Jobs Report

GovConIndexUPThe GovCon Index held steady in positive territory throughout the trading session Thursday to close at a gain of 0.487 points to 73.711 as U.S. markets anticipated Friday’s jobs report from the Labor Department.

Investors also looked at data that showed weekly jobless claims at 278, 000 and factory orders climbed 1.6 percent in January with durable good orders that month revised to 4.7-percent growth from the prior 4.9-percent reading, CNBC reported.

Crude oil futures in New York settled down a nominal 9 cents to $34.57 a barrel, but energy shares in the S&P 500 composite index climbed during afternoon trade, according to CNBC.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
NAV Navistar International 10.84 1.57 16.94%
MCK McKesson Corp. 162.70 4.01 2.53%
BAH Booz Allen Hamilton 28.58 0.70 2.51%
CUB Cubic Corp. 36.54 0.76 2.11%
CACI CACI International 101.32 2.09 2.11%

Market Summary

Advancing GovCon Index Issues 22
Declining GovCon Index Issues 7
Unchanged GovCon Index Issues 1
Index Value Net Change % Change
GovCon Index 73.711 +0.487 +0.665%
S&P 500 1, 993.40 +6.95 +0.35%
Dow Jones Industrial Average 16, 943.90 +44.58 +0.26%
NASDAQ 4, 707.42 +4.00 +0.09%

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