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  • Friday, April 26, 2024

October 16 Morning Report: GovCon Index Enters Day at Half-Percent Decline


GovConIndexThe GovConIndex will enter Thursday’s trading day at 62.418 points – down 0.367 points from Wednesday’s figures, or a decline of 0.592 percent.

CNBC reports that more economic data will become public on Thursday, such as the weekly jobless claims numbers,  industrial production figures, the Philadelphia Federal Reserve survey and the National Association of Home Builders’ sentiment survey.

Earnings reports from several large firms could also sway trading, according to CNBC.

Top Percentage Gainers

CompanyStock Price% Change
Intelsat16.092.68%
ICF International33.241.68%
Harris Corp.62.781.55%
Navistar31.741.54%
Mantech International26.931.05%

Market Summary

Advancing Issues11 (36.67%)
Declining Issues19 (63.33%)
Unchanged Issues0 (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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