June 1 Morning Report: GovCon Index Down on Friday’s Close

GovConIndexDOWNThe GovCon Index closed Friday with a loss of 0.453 points to end the last week of May at 74.308.

Harris Corp. (NYSE: HRS) has finalized its $5 billion purchase of Exelis,  whose place on the GovCon Index will now be occupied by Rockwell Collins (NYSE: COL) starting today.

The Dow Jones Industrial Average declined 99.23 points to 18, 026.89, the Standard & Poor’s 500 composite index was down 11.87 points to 2, 108.92 and the NASDAQ composite index lost 23.66 points to 5, 074.32.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Intelsat   10.69   0.31   2.99%
  Serco Group   2.21   0.06   2.79%
  Health Net   62.26   0.93   1.52%
  AECOM   33.03   0.35   1.07%
  Leidos Holdings   42.50   0.28   0.66%

Market Summary

  Advancing Issues      8 (26.66%)
  Declining Issues    21 (70.00%)
  Unchanged Issues      2 (3.33%)

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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