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  • Saturday, April 20, 2024

May 18 Market Close: GovCon Index Starts Week With Gain, Housing Reports Due


GovConIndexUPThe GovCon Index bound back from the previous trading day’s loesses Monday with a gain of 0.413 points to 75.561.

U.S. stocks recorded gains across-the-board Monday as investors await the release of housing reports this week as they seek to determine the timing of a potential interest rate increase by the Federal Reserve, according to Bloomberg.

The Dow Jones Industrial Average climbed 26.32 points to 18, 298.88, the S&P 500 composite index rose 6.47 points to 2, 129.20 and the NASDAQ composite index gained 30.15 points to 5, 078.44.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Orbital ATK   77.13   2.00   2.66%
  Leidos Holdings   42.31   0.93   2.25%
  Engility Holdings   26.80   0.54   2.25%
Intelsat   11.25   0.19   1.72%
  Health Net   60.14   0.81   1.37%

Market Summary

  Advancing Issues   22 (73.33%)
  Declining Issues     8 (26.66%)
  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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