January 15 Market Close: GovCon Index Dips, Banking Sector Losses Drag US Stocks


GovConIndexDOWNThe GovCon Index recorded a nominal loss of 0.267 points — or 0.381 percent — to close at 70.408 on Thursday.

A 1.1-percent decline in the S&P financial sector and worries over how global economic weakness could affect U.S. corporate earnings drove U.S. stocks down, according to Reuters.

The Dow Jones Industrial Average fell 106.38 points to 17, 322.51, the S&P 500 composite index declined 18.60 points to 1, 992.67 and the NASAQ composite index lost 68.50 points to 4, 570.82.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  CGI Group   37.99   1.00   2.70%
  Serco Inc.   2.398   0.048   2.04%
  BAE Systems Inc.   29.00   0.40   1.40%
  Engility Holdings   41.69   0.45   1.09%
  SAIC   51.55   0.40   0.78%

Market Summary

Advancing Issues   17 (56.66%)
Declining Issues   13 (43.33%)
Unchanged Issues    0

 

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Financial Report

Related Articles

The Ultimate Guide to Winning Government Contracts Let us show you how top executives are winning so you can replicate it