May 11 Market Close: GovCon Index, US Stocks Hover in Neutral

GovConIndexDOWNThe GovCon Index mirrored slight across-the-board declines in U.S. stocks Monday to record a nominal loss of 0.037 points and closing figure of 73.906.

CNBC reports investors looked to bond yields and await this week’s release of retail sales and industrial production figures in order to further their understanding of U.S. economic indicators after Friday’s job report.

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The Dow Jones Industrial Average lost 85.94 points to 18, 105.17, the S&P 500 composite index dipped 10.77 points to 2, 105.33 and the NASDAQ composite index slipped 9.98 points to 4, 993.57.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Huntington Ingalls   120.95   2.20   1.85%
  BAE Systems Inc.   31.88   0.41   1.30%
  Health Net   58.06   0.63   1.10%
  Navistar   29.80   0.29   0.98%
  Orbital ATK   74.87   0.63   0.85%

Market Summary

  Advancing Issues    12 (40.00%)
  Declining Issues    18 (60.00%)
  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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