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April 16 Market Close: GovCon Index Stuck in Neutral, US Stocks Dip


GovConIndexUPThe GovCon Index recorded a nominal gain for the second consecutive trading day to the tune of 0.064 points for a closing figure of 76.092.

U.S. stocks saw nominal losses despite gains in the oil market during the afternoon session and positive earnings reports from financial services firms Citigroup and Goldman Sachs, the Wall Street Journal reported.

Crude oil rose 1.6 percent to $57.25 per barrel and the S&P 500 Energy Index rose 0.1 percent, according to the Journal.

The Dow Jones Industrial Average declined 6.84 points to 18, 105.77, the S&P 500 composite index lost 1.64 points to 2, 104.99 and the NASDAQ composite index slipped 3.23 points to 5, 007.79.

Top Percentage Gainers

  Company  Stock Price  $ Change  % Change
  Healthnet  57.35  1.06  1.88%
  Booz Allen Hamilton  28.68  0.37  1.31%
  L-3 Communications  124.42  0.78  0.63%
  Huntington Ingalls  140.56  0.83  0.59%
  Textron  46.11  0.20  0.44%

Market Summary

  Advancing Issues   15 (50.00%)
  Declining Issues   15 (50.00%)
  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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