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April 7 Market Close: GovCon Index Slips, Markets Await Fed Minutes

GovConIndexDOWNThe GovCon Index lost some ground from the previous day’s close Tuesday and recorded a loss of 0.254 points to close at 69.007 on Tuesday.

Bloomberg reports U.S. investors have their collective eye on the Federal Reserve‘s scheduled Wednesday release of minutes from its March meeting and many economic analysts surveyed by Bloomberg expect upcoming corporate earnings reports to show some declines.

The Dow Jones Industrial Average lost 5.43 points to 17, 875.42, the S&P 500 composite index dipped 4.29 points to 2, 076.33 and the NASDAQ composite index slipped 7.08 points to 4, 910.23.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Serco Inc.   2.75   0.29   11.79%
  CGI Group   43.97   0.72   1.66%
  Navistar   28.95   0.39   1.37%
  Boeing   152.32   1.39   0.92%
  Leidos Holdings   42.43   0.10   0.24%

Market Summary

  Advancing Issues      9 (30.00%)
  Declining Issues    21 (70.00%)
  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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