Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

March 31 Market Close: GovCon Index Retreats, Market Shows Jitters Ahead of Earnings Season

GovConIndexDOWNThe GovCon Index retreated from Monday’s gain to record a loss of 1.154 percent and close at 69.067 on Tuesday.

U.S. investors are watching for many economic reports this week such as the jobs report, data on construction and manufacturing and factory orders, CNBC reported.

Many corporate earnings reports for their first fiscal quarters will start to become public in April and a strong U.S. dollar will likely be a factor, according to CNBC.

The Dow Jones Industrial Average sank 1.11 percent to 17, 776.12, the S&P 500 composite index fell 13.35 points to 2, 067.89 and the NASDAQ composite index lost 46.56 points to 4, 900.88.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Intelsat   12.00   0.20   1.69%
  Harris Corp.   78.76   1.13   1.46%
  Navistar   29.50   0.33   1.13%
  Maximus   66.76   0.36   0.54%
  Exelis   24.37   0.10   0.41%

Market Summary

  Advancing Issues    5 (16.66%)
  Declining Issues    25 (83.33%)
  Unchanged Issues    0

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

Video of the Day

GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Financial Report

Related Articles