Home / Tag Archives: Maximus

Tag Archives: Maximus

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 ...

Read More »

June 18 Market Close: GovCon Index Jumps, Investors Cheer Fed Statement

GovConIndexUP

The GovCon Index more than tripled its gains from the previous two trading days to record a climb Wednesday of 0.712 points and close at 77.150. U.S. investor confidence grew during Wednesday’s trading session after the Federal Reserve said it thought the economy would be strong enough to handle an interest ...

Read More »

June 17 Market Close: GovCon Index, US Stocks Climb After Fed Rate Hike Comments

GovConIndexUP

The GovCon Index continued its climb from Monday’s large decline in Wednesday’s trading session to close up 0.190 points and end at 76.438. Investors reacted positively to comments from Federal Reserve officials that they are holding to their forecast of an interest rate hike by the end of the year as Fed Chairwoman Janet Yellen ...

Read More »

June 16 Market Close: GovCon Index, US Stocks Rebound

GovConIndexUP

The GovCon Index recovered some losses incurred from the previous day’s session to record a gain of 0.444 points and close at 76.250 Tuesday. ManTech International (Nasdaq: MANT) led all Index gainers with a 3.94-percent jump after the company said it would purchase cybersecurity consulting firm KCG. According to the Wall Street Journal, ...

Read More »

May 27 Market Close: GovCon Index, US Stocks Rebound as Investors Eye Dollar & Greece News

GovConIndexUP

The GovCon Index ended a three-day streak of declines Wednesday as it closed up 0.648 points to end the trading session at 74.834. Bond yields and the U.S. dollar rose on comments from Greece Prime Minister Alexis Tsipras said negotiations with the Eurozone on the country’s debt situation are in the “final stretch,” ...

Read More »

May 7 Market Close: GovCon Index Stays Level, Jobs Report to Loom Over Markets

GovConIndexUP

The GovCon Index ended Thursday’s trading session with a nominal gain of 0.015 points to 73.162 as U.S. stocks recorded slight gains ahead of Friday’s payrolls report. Richard Sichel, chief investment officer at Philadelphia Trust Co., told Bloomberg the jobs data from the Labor Department could be “even more newsworthy than usual” in ...

Read More »

April 21 Market Close: GovCon Index Rises, Mixed Earnings Stall US Markets

GovConIndexUP

The GovCon Index recorded an increase for the second consecutive day as it closed up 0.323 points to end the day at 76.078. U.S. stock markets recorded a mixed day after a new slate of financial reports from many blue chip companies showed they beat Wall Street estimates on earnings per share ...

Read More »

April 13 Morning Report: GovCon Index Closes Week With Gain

GovConIndexUP

The GovCon Index ended the week at 69.436 on Friday, up 0.173 points from the previous day’s close. The Dow Jones Industrial Average gained 98.92 points to 18,057.65, the Standard & Poor’s 500 composite index rose 10.88 points to 2,102.06 and the NASDAQ composite index climbed 21.41 points to 4,995.98. Top Percentage Gainers   Company   Stock Price ...

Read More »

April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

GovConIndexUP

The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported. The Dow Jones Industrial Average gained ...

Read More »

April 8 Market Close: GovCon Index Up, Markets Flunctuate as Fed Minutes Show Split Over Rate Hike

GovConIndexUP

The GovCon Index closed up Wednesday with a gain of 0.293 points to 69.277 on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes. Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest ...

Read More »