December 8 Market Close: GovCon Index Falls, Crude Oil Prices Drag Market Down


GovConIndexThe GovCon Index started the week of Dec. 8 with a decline of 0.761 percent — or 0.533 points — to close at 70.530 on Monday.

Crude oil prices fell to below $63 per barrel for the first time in five years and investors reacted to other data that showed a shrinking economy in Japan,  according to CNBC.

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The Dow Jones Industrial Average lost 0.59 percent to close at 17, 852.48, the S&P 500 composite index fell 0.72 percent to 2, 060.35 and the NASDAQ composite index declined 0.84 percent to 4, 770.69.

Top Percentage Gainers

Company Stock Price $ Change % Change
 Intelsat  17.11  0.10  0.59%
 Raytheon  108.02  0.40  0.37%
 Leidos Holdings  43.55  0.065  0.15%
 McKesson  212.78  0.15  0.07%

Market Summary

Advancing Issues 4 (13.33%)
Declining Issues 26 (86.67%)
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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