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  • Friday, April 19, 2024

January 5 Market Close: GovCon Index Slides as Oil Sinks to $50 Per Barrel

GovConIndexDOWNThe GovCon Index started the full week of trading for 2015 with a decline of 1.010 points — or 1.472 percent — to close at 69.620.

U.S. energy stocks suffered some of the market’s biggest losses as the price of crude oil closed at $50.04 per barrel to reach the lowest figure since April 2009, according to CNBC.

The Dow Jones Industrial Average fell 1.86 percent to close at 17, 501.65, the S&P 500 composite index dipped 1.83 percent to close at 2020.58 and the NASDAQ composite index lost 1.57 percent to close at 4, 652.57.

Percentage Gainers

Company Stock Price $ Change % Change
 McKesson  208.90  1.70  0.82%
 ICF International  40.44  0.32  0.80%
 Engility Holdings  43.12  0.14  0.33%
 ManTech International  30.02  0.02  0.07%

Market Summary

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