February 26 Market Close: GovCon Index Falls, Energy Declines Sink US Stocks

GovConIndexDOWNThe GovCon Index retreated for a second consecutive day Thursday with a loss of 0.32 points to 70.292.

A 2.2-percent decline in energy stocks drove U.S. markets to losses Thursday despite gains in technology shares listed in the S&P 500 composite index, which saw seven out of 10 groups fall, according to Bloomberg.

The Dow Jones Industrial Average slipped 10.15 points to 18, 214.42, the S&P 500 composite index fell 3.12 points to 2, 110.74 and the NASDAQ composite index rose 20.75 points to 4, 987.89.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  ICF International   41.53   0.48   1.17%
  SAIC   54.79   0.49   0.90%
  Computer Sciences Corp.   70.86   0.38   0.54%
  Maximus   59.85   0.27   0.45%
  Huntington Ingalls   142.64   0.57   0.40%

Market Summary

  Advancing Issues    10 (33.33%)
  Declining Issues    19 (66.66%)
  Unchanged Issues      0

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

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