October 15 Morning Report: GovCon Index Inches Up as Global Concerns Hold

GovConIndexThe GovCon Index entered Wednesday trading at 62.785 — approximately 0.82 percent higher than Tuesday’s figure, or an increase of 0.52.

Reuters cited concerns over Ebola, the impact of weak global economic figures on U.S. corporate earnings and a decline in oil prices as drivers of Tuesday’s investment activity.

 

Top Percentage Gainers

Company Stock Price % Change
Textron 33.83 4.80%
Navistar 31.25 4.48%
Raytheon 96.56 2.89%
Engility Holdings 34.89 2.59%
Northrop Grumman 124.19 2.24%

Market Summary

Advancing Issues 23 (76.67%)
Declining Issues 7 (23.33%)
Unchanged Issues 0 (0%)

The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) Companies.

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