October 12 Market Close: GovCon Index, US Stocks Close Up on Light Volume Day

GovConIndexUPThe GovCon Index gained 0.230 points to 74.428 Monday and mirrored a narrow day of trades for U.S. stocks that saw losses in the morning session followed by gradual gains afterward.

Monday was a light volume day for U.S. markets due to the Columbus Day holiday and bond markets were closed, according to CNBC.

Investors paid attention to oil prices as crude in New York settled down 5.1 percent to $47.10 per barrel and brent closed barely above the $50 mark, CNBC reported.

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

Top GovCon Index Gainers

Company $ Current Price $ Change % Change
Harris Corp. 77.00 +1.27 +1.68%
Cubic Corp. 43.90 +0.63 +1.46%
Orbital ATK 79.58 +0.80 +1.02%
CACI International 82.32 +0.72 +0.88%
Northrop Grumman 177.19 +1.44 +0.82%

Market Summary

Advancing Issues 18
Declining Issues 12
Unchanged Issues 0
Index Value Net Change % Change
GovCon Index 74.428 +0.230 +0.310%
S&P 500 2, 017.46 +2.57 +0.13%
Dow Jones Industrial Average 17, 131.86 +47.37 +0.28%
NASDAQ 4, 838.64 +8.17 +0.17%

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