October 5 Morning Report: GovCon Index Jumps on Oil Price Rise


GovConIndexUPThe GovCon Index closed 70.664 at the end of Friday trading, recovering with a gain of 0.689 points.

The U.S. stock market suffered an initial drop following the release of a Labor low jobs growth report but a jump in crude oil prices put the figures back on positive territory, the Wall Street Journal reported.

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The Dow Industrial Average advanced 200.36 points (1.2%) to 16472.37,  Standard & Poor’s 500 rose 27.54 points (1.4%) to 1951.36 and Nasdaq Composite Index recorded 80.69 points, a 1.7% increase to 4707.78.

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

Top GovCon Index Gainers

Company $ Current Price $ Change % Change
Health Net 61.58 +1.81 +3.03%
Intelsat 6.57 +0.15 +2.34%
AECOM 27.91 +0.60 +2.20%
CGI Group 36.76 +0.79 +2.20%
Honeywell International 96.54 +1.83 +1.93%

Market Summary

Advancing Issues 25
Declining Issues 5
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 70.664 +0.689 +0.985%
S&P 500 1, 951.35 +27.53 +1.43%
Dow Jones Industrial Average 16, 472.37 +200.36 +1.23%
NASDAQ 4, 707.77 +80.69 +1.74%

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