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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.

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