The GovCon Index recorded a nominal loss Monday of 0.089 points to close at 70.027.
Losses of transportation shares offset gains in consumer and technology stocks as investors also weighed Federal Reserve Vice Chairman Stanley Fischer’s comment that an interest rate raise will likely happen before the end of the year, Bloomberg reported.
The Dow Jones Industrial Average fell 11.61 points to 18, 116.04, the S&P 500 composite index dipped 3.68 points to 2, 104.42 and the NASDAQ composite index declined 15.44 points to 5, 010.97.
Top Percentage Gainers
|Company||Stock Price||$ Change||% Change|
|Advancing Issues||16 (56.66%)|
|Declining Issues||14 (43.33%)|
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.