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Tag Archives: energy

January 6 Market Close: GovCon Index Nosedives as Oil, China Weigh on US Markets

GovConIndexDOWN

The GovCon Index suffered a reversal from the prior day’s gain Wednesday to close at a decline of 0.7 points — or 0.910 percent — to 76.185 as U.S. investors reacted to more oil price declines and showed continued concerns about China’s economy. The S&P 500 plunged 1.31 percent to …

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January 4 Morning Report: GovCon Index Ends 2015 Down on Oil Price Declines

GovConIndexDOWN

The GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis. Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude …

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December 30 Market Close: GovCon Index Retreats on 2015’s Last Full Trading Day, Traders Return to Oil Focus

GovConIndexDOWN

The GovCon Index held in negative territory throughout Wednesday and closed at a loss of 0.621 points to 77.761 as U.S. markets continued to be weighed down by oil price declines in both of the commodity’s major benchmarks. On a year-to-date basis, the Index remains above the 10-percent mark for a gain against declines in …

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December 29 Market Close: GovCon Index Rebounds, On Course for 10% Yearly Gain

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The GovCon Index recovered ground with the larger U.S. financial market Tuesday with a gain of 0.590 points to 78.263 and remains on track for a year-to-date gain of 10 percent with one-and-a-half trading days left in 2015. As of Tuesday’s close, the Index has risen 10.81 percent from its …

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December 28 Market Close: GovCon Index, US Stocks Held Down by Extended Energy Decline; CSRA Tops S&P 500 Gainers

GovConIndexDOWN

The GovCon Index failed to rebound from its Christmas Eve decline with a loss of 0.264 points to 77.554 Monday as U.S. financial markets entered the final week of trading activity for 2015. U.S. markets will be open for full sessions Tuesday and Wednesday with a half-day scheduled for Thursday in …

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December 28 Morning Report: GovCon Index Gain Streak Ends in Half-Day Christmas Eve Session

GovConIndexDOWN

The GovCon Index‘s three-day streak of consecutive gains ended Thursday with a decline of 0.171 points to 76.636 in a half-day Christmas Eve session for U.S. financial markets, which closed at 1 p.m. Eastern time. Declines in energy stocks drove U.S. stocks to slight losses and nine out of 10 S&P 500 …

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December 14 Market Close: GovCon Index Down, US Stocks Slightly Green on Oil Bounce

GovConIndexDOWN

The GovCon Index turned around a sharp late morning decline Monday with a rally in a choppy afternoon session but fell short of a full recovery as it closed at a nominal loss of 0.063 points to 75.717. U.S. crude oil futures nearly hit an 11-year low in early-morning activity but ended the day with a …

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December 11 Market Close: GovCon Index, US Stocks Plummet on Oil & Fed Jitters

GovConIndexDOWN

The GovCon Index failed to sustain its rebound and mirrored sell-offs in the larger U.S. market Friday with a loss of 1.288 percent to 75.751. For the week, the Index recorded a decline of 3.236 percent but still holds in positive for the fourth quarter-to-date at a gain of 11.643 percent. …

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December 7 Market Close: GovCon Index Plummets as Oil Price Declines Sink US Markets

GovConIndexDOWN

The GovCon Index followed across-the-board declines in U.S. markets Friday with a loss of 0.307 points to 78.031 and only five out of 30 contractors that ended the day with gains. U.S. stocks tumbled as crude oil in New York settled down 5.8 percent to a new six-and-a-half-year low of $37.65 a barrel, …

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December 4 Market Close: GovCon Index, US Stocks Soar on Jobs Numbers

GovConIndexUP

The GovCon Index posted a full rally from the prior day’s losses with a gain of 1.645 percent to 78.284 Friday on a similar surge in U.S. markets after the latest jobs report from the Labor Department. Friday’s climb recovered some damage incurred from Thursday’s plunge to bring the Index to a decline of 0.11 points — or …

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