Home / Financial Report / November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

November 19 Market Close: GovCon Index Closes Up, US Markets Narrow

GovConIndexUPThe GovCon Index barely edged in positive territory Thursday with a gain of 0.216 points to 78.940 on a choppy trading day for U.S. markets.

With a Friday gain, the Index would record a full week of five consecutive positive days for the second time in the fourth quarter so far.

Index stock Health Net (NYSE: HNT) fell 5.07 percent and the S&P 500 composite index’s healthcare sector declined 1.63 percent after UnitedHealth (NYSE: UNH) cut its profit outlook for this year.

Technology stocks Intel (Nasdaq: INTC) and Apple (Nasdaq: APPL) led the upswing in technology stocks to offset the healthcare losses, according to Reuters.

U.S. markets have priced in a 72-percent chance of an interest rate hike in December, Reuters reports.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
COL Rockwell Collins 92.26 +2.26 +2.51%
HII Huntington Ingalls Industries 134.08 +2.65 +2.02%
BAESY BAE Systems 29.62 +0.54 +1.87%
TXT Textron 43.32 +0.73 +1.71%
RTN Raytheon 126.00 +2.05 +1.65%

Market Summary

Advancing Issues 21
Declining Issues 8
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 78.940 +0.216 +0.274%
S&P 500 2, 081.26 -2.32 -0.11%
Dow Jones Industrial Average 17, 732.75 -4.41 -0.02%
NASDAQ 5, 073.64 -1.56 -0.03%

Check Also

NGA Deputy Director Stacey Dixon Receives 2020 Wash100 Award From Jim Garrettson, CEO of Executive Mosaic

Jim Garrettson, found and CEO of Executive Mosaic, presented Dr. Stacey Dixon, deputy director of the National Geospatial-Intelligence Agency (NGA), her first Wash100 Award as a part of the 2020 selection on Wednesday

Teresa Carlson, AWS Worldwide Public Sector VP, Named to 2020 Wash100 for Cloud Innovation, Business Expansion and New Educational Platforms

Executive Mosaic is honored to present Teresa Carlson, vice president of the worldwide public sector business at Amazon Web Services, as an inductee into the 2020 edition of the Wash100 Award for driving cloud innovation, expanding AWS' influence and advocating for cloud computing education within Virginia schools.