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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

Company Stock Price % Change
Intelsat 16.09 2.68%
ICF International 33.24 1.68%
Harris Corp. 62.78 1.55%
Navistar 31.74 1.54%
Mantech International 26.93 1.05%

Market Summary

Advancing Issues 11 (36.67%)
Declining Issues 19 (63.33%)
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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