April 17 Market Close: GovCon Index Plummets 1%, Stocks Fall on Greece Reports

GovConIndexDOWNThe GovCon Index hit a 15-day low Friday as it closed with a decline of 1.439 percent — or 1.064 points — to end the day at 75.027.

McKesson (NYSE: MCK) was the only Index company to see its stock price rise Friday.

Investors showed concerns over reports that Greece could have to scale back its projections for economic growth and China’s new rules for both over-the-counter trading and short-selling,  CNBC reported.

The Euro closed at $1.08 and traders also reacted to earnings reports from industrial conglomerates General Electric and Honeywell, both of which CNBC said missed revenue projections.

The Dow Jones Industrial Average fell ____ points to _______, the S&P 500 composite index lost ___ points to ____ and the NASDAQ composite index slipped ____ points to _____.

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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