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March 4 Market Close: GovCon Index Dips as US Stocks Retreat

GovConIndexDOWNThe GovCon Index closed down for the second consecutive day with a loss of 0.46 points to 69.272.

All sectors of the S&P 500 ended the day in negative territory on a day that saw U.S. markets end the day with broad-based losses, the Wall Street Journal reported.

Investors also considered economic data that showed U.S. private payrolls grew 212, 000 in February, according to the Journal.

The Dow Jones Industrial Average lost 106.47 points to 18, 096.90, the S&P 500 composite index dipped 9.25 points to 2, 098.53 and the NASDAQ composite index declined 12.76 points to 4, 967.14.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  CGI Group   42.59   0.41   0.97%
  Huntington Ingalls   142.92   1.13   0.80%
  Orbital ATK   68.20   0.25   0.37%
  BAE Systems Inc.   32.674   0.114   0.35%
  ICF International   42.01   0.11   0.26%

Market Summary

  Advancing Issues   23 (76.66%)
  Declining Issues     6 (23.33%)
  Unchanged Issues     0

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

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