December 4 Market Close: GovCon Index Loses Ground, Investors Await Labor Report

GovConIndexThe GovCon Index retreated Thursday by 0.223 percent — or 0.157 points — to close at 70.676, a figure that keeps the index in positive territory from the previous week.

Investors reacted to the European Central Bank’s decision to not take any action on a potential stimulus until at least early next year and will have their eye on Friday’s employment report from the Labor Department, the Wall Street Journal reports.

The Dow Jones Industrial Average lost 0.07 percent to close at 17, 900.10, the S&P 500 composite index declined 0.12 percent to 2, 071.92 and the NASDAQ composite index went down 0.11 percent to 4, 769.44.

Top Percentage Gainers

Company Stock Price $ Change % Change
 Raytheon  110.00  2.36  2.19%
 BAE Systems Inc.  30.32  0.26  0.86%
 Leidos Holdings  43.08  0.25  0.58%
 Harris Corp.  70.73  0.37  0.53%
 Navistar  37.76  0.17  0.45%

Market Summary

Advancing Issues 11 (36.66%)
Declining Issues 19 (63.33%)
Unchanged Issues 0 (0.00%)

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

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