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Tag Archives: ICF

July 2 Market Close: GovCon Index, US Stocks Dip on Jobs Data Ahead of Weekend Greece Referendum

GovConIndexDOWN

The GovCon Index ended the final trading day of the week with a decline of 0.081 points to close at 74.719 as U.S. stocks also closed in slight negative territory. Health Net (NYSE: HNT) surged 10.01 percent after the Los Angeles-based managed health services provider announced it agreed to be purchased ...

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July 1 Market Close: GovCon Index Rebounds, US Stocks Climb on Greece Optimism

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The GovCon Index snapped its six-day streak of declines Wednesday with a gain of 0.563 points to close at 74.800. U.S. markets reacted to news that Greece and its Eurozone creditors have increased dialogue on a potential bailout proposal and talks will wait until after a Sunday referendum on an offer ...

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June 30 Market Close: GovCon Index Down, US Stocks Crawl Up Ahead of Eurozone Meeting

GovConIndexDOWN

The GovCon Index closed Tuesday’s trading session in negative territory for the sixth consecutive day with a loss of 0.081 points to end at 74.232. U.S. stocks also crawled back into positive territory during the afternoon as investors continued to watch the Greece debt negotiations ahead of a scheduled Wednesday meeting of Eurozone ...

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June 26 Market Close: GovCon Index Continues Slide, US Stocks Mixed

GovConIndexDOWN

The GovCon Index continued its run of declines to a fourth consecutive day Friday with a loss of 0.114 points and closing figure of 75.917. A 4-percent rise in Nike shares helped boost the Dow Jones Industrial Average and the Dow’s industrial segment with losses of technology stocks translated to a mixed day for U.S. markets, according ...

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June 25 Market Close: GovCon Index Down, US Stocks Stutter on Biotech Losses

GovConIndexDOWN

The GovCon Index closed in negative territory for the third consecutive day Thursday with a loss of 0.264 points to end at 76.030. Losses in the transportation and biotechnology sector sent U.S. stocks slightly down Thursday and many investors attributed the trading activity and volume to uncertainty over negotiations between Greece and ...

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June 19 Market Close: GovCon Index, US Stocks Drift Down

GovConIndexDOWN

The GovCon Index‘s three-day streak of gains ended in Friday’s trading session with a loss of 0.244 points to close at 76.906. Financial shares in the S&P 500 declined 0.7 percent and uncertainty over Greece’s debt negotiations was also a driver of Friday’s trading activity, according to the Wall Street Journal. ...

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June 9 Market Close: GovCon Index, US Stocks Trade in Narrow Range Ahead of Sales Reports

GovConIndexDOWN

The GovCon Index struggled for direction along with the larger U.S. stock market Friday as the index closed with a nominal loss of 0.170 points to 75.317. Declines in airline shares and a rise in financial stocks drove trading activity Friday as investors wait to see the customer sentiment and retail ...

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June 3 Market Close: GovCon Index, US Stocks Climb on Trade Deficit Data

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The GovCon Index mirrored the U.S. stock market’s rebound Wednesday to record a gain of 0.379 points and close at 77.048. Investors reacted to the latest Commerce Department report that showed the U.S. trade deficit shrunk 19.2 percent in April to represent the figure’s largest fall in more than six years, according ...

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May 22 Market Close: GovCon Index Continues Slide, Market Examines Inflation Report

GovConIndexDOWN

The GovCon Index extended its decline for the second consecutive day Friday with a loss of 0.328 points to close at 75.067. Harris Corp. (NYSE: HRS) and Exelis (NYSE: XLS) both jumped 1 percent after the companies announced Harris’ acquisition of Exelis is scheduled to close May 29 after the deal received approval from ...

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May 12 Market Close: GovCon Index Closes Down, US Markets See Slight Losses

GovConIndexDOWN

The GovCon Index declined for the second consecutive trading session Tuesday with a loss of 0.421 points to 73.488. Gains in Treasury bonds and energy shares helped offset losses in U.S. markets earlier in a day that saw raw material stocks decline, according to Bloomberg. Bloomberg reports investors believe the Federal Reserve will ...

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