Wait, don't miss out on the latest GovCon industry news!

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings

*By clicking "Join us now" you agree to receive email, promotions and general messages from GovCon Wire, In addition, you also agree to GovCon Wire Privacy Policy and Terms & Conditions.

X Remind me Later

September 14 Market Close: GovCon Index, US Stocks Fall on China Selloff

GovConIndexDOWNThe GovCon Index hit a setback Monday after two consecutive sessions of gains to record a loss of 0.367 points and close at 72.333.

A selloff in Chinese markets triggered declines in U.S. markets Monday after data showed that country’s factory production and fixed-asset investment activity in August missed the consensus analysts’ estimate, according to the Wall Street Journal.

U.S. investors are also not firm on whether the Federal Reserve will raise interest rates at its meeting Wednesday and Thursday, the Journal said in its post-close market summary.

Executive Mosaic’s GovCon Index tracks 30 large publicly-traded government contracting firms.

GovCon Index Gainers

Company $ Current Price $ Change % Change
Maximus 62.63 +0.37 +0.59%
Cubic Corp. 41.04 +0.14 +0.34%
L-3 Communications 105.84 +0.23 +0.22%
SAIC 41.49 +0.01 +0.02%

Market Summary

Advancing Issues 4
Declining Issues 25
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 72.333 -0.367 -0.505%
S&P 500 1, 953.03 -8.02 -0.41%
Dow Jones Industrial Average 16, 370.96 -62.13 -0.38%
NASDAQ 4, 805.76 -16.58 -0.34%
GovCon Wire Logo

Sign Up Now! GovCon Wire provides you with Daily Updates and News Briefings about Financial Report

Related Articles