January 23 Market Close: GovCon Index Ticks Up, US Stocks Have Mixed Day

GovConIndexUPThe GovCon Index held relatively level against a mixed day of results in the U.S. stock market and recorded a slight gain of 0.211 points — or 0.290 percent — to close at a new all-time high of 72.557 on Friday.

Disappointing earnings results from companies such as UPS and Kimberly-Clark offset investor confidence in the European Central Bank’s latest stimulus decision, Bloomberg reports.

The Dow Jones Industrial Average slipped 141.38 points to 17, 672.60, the S&P 500 composite index fell 11.33 points to 2, 051.82 and the NASDAQ composite index gained 7.48 points to 4, 757.88.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Orbital   29.97   2.34   8.47%
  Honeywell   102.50   3.11   3.13%
  ATK   131.84   3.62   2.82%
  Engility Holdings   42.69   0.85   2.03%
  Computer Sciences Corp.   64.45   0.89   1.40%

Market Summary

  Advancing Issues   16 (53.33%)
  Declining Issues   14 (46.66%)
  Unchanged Issues     0

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

Check Also


SAIC Awarded TSA Test & Evaluation Support BPA

Science Applications International Corp. (NYSE: SAIC) has been awarded a potential $40M blanket purchase agreement for operational test and evaluation services to the Transportation Security Administration, according to an award notice posted Thursday.

US Air Force

Air Force Selects Boeing, Lockheed, Raytheon Technologies for Hypersonic Cruise Missile Tech Design Program

The U.S. Air Force has indicated its intent to solicit design proposals from Boeing (NYSE: BA), Lockheed Martin (NYSE: LMT) and Raytheon Technologies (NYSE: RTX) for a hypersonic cruise missile technology that can be launched from a fighter or a bomber aircraft.