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January 7 Market Close: GovCon Index Reverses Downward Trend

GovConIndexUPThe GovConIndex reversed it’s downward trend closing Wednesday at 70.036, up 0.973 points, or 1.371 percent.

The other indexes closed strong also with the Dow Jones industrial average at 17, 584.52, up 1.23 percent, The Nasdaq composite index 4, 650.47 up 1.26 percent, and the Standard & Poor’s 500 at 2, 025.90, an increase of 1.16 percent.

Markets rallied on positive U.S. labor and trade deficit news, furthered by Germany showing flexibility on its stance towards Greece’s debt relief, according to Bloomberg.

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

Top Percentage Gainers

Company Stock Price $ Change % Change
ManTech Intern. 30.83  +1.15  +3.87%
Northrop Grumann  148.70  +4.54  +3.15%
McKesson  214.75  +6.33  +3.04%
Booz Allen Hamilton 26.86  +0.60  +2.28%
AECOM  29.32  +0.59  +2.05%

Market Summary

Advancing Issues 27 (90.00%)
Declining Issues 3 (10.00%)
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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