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October 30 Morning Report: GovCon Index Down on Wednesday’s Close

GovConIndexThe GovCon Index closed Wednesday at 66.977, down 0.297 or 0.445 percent.

The Federal Reserve has ended a bond-buying program it had imposed to stimulate the economy, an announcement Reuters said Wednesday sent indicators to finish on a low.

The Dow Jones fell 31.44 points, or 0.18 percent, to 16, 974.1. The Standard & Poors 500 fell 2.75 points, or 0.14 percent, to 1, 982.3. Nasdaq lost 15.07 points, or 0.33 percent, to 4, 549.23.

Top Percentage Gainers

Company Stock Price % Change
Engility Holdings Inc. 42.16 12.07%
Serco Inc. 4.725 3.39%
Maximus Inc. 47.42 2.26%
Northrop Grumman Corp. 135.66 1.09%
SAIC 47.68 0.87%

Market Summary

Advancing Issues 15 (50.00%)
Declining Issues 15 (50.00%)
Unchanged Issues 0

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

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