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March 11 Market Close: GovCon Index Stays in Neutral, Interest Rate Speculation Continues

GovConIndexUPThe GovCon Index inched upward Wednesday with a gain of 0.031 points to 67.702.

U.S. markets barely budged Wednesday as investors continued to speculate over when the Federal Reserve would raise interest rates and also watched the dollar further strengthen, according to CNBC.

The Dow Jones Industrial Average lost 27.55 points to 17, 635.39, the S&P 500 composite index slipped 3.92 points to 2, 040.24 and the NASDAQ composite index dipped 9.82 points to 4, 849.94.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Orbital ATK   73.79   1.73   2.40%
  Maximus   62.75   1.45   2.37%
  Healthnet   57.01   0.90   1.60%
  Engility   32.02   0.37   1.17%
  Huntington Ingalls   138.91   1.58   1.15%

Market Summary

  Advancing Issues    14
  Declining Issues    14
  Unchanged Issues      2

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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