September 8 Morning Report: GovCon Index to Open at 70.966 after Friday Loss

GovConIndexDOWNThe GovCon Index declined 1.372 percent to 70.966 Friday as U.S. markets also fell on continued uncertainty over Federal Reserve interest rate increases.

Health Net (NYSE: HNT) was the only Index company to close at a gain, up 0.33 percent, as the other 29 stocks ended in negative territory.

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The Index has recorded a 2.73-percent loss from its Aug. 28 close of 72.959 and also is 8.24 percent down from its Aug. 3 close of 77.342.

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

Market Summary

  Advancing Issues      1 (3.33%)
  Declining Issues   28 (96.66%)
  Unchanged Issues     0

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