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November 9 Morning Report: GovCon Index Closes Down, US Traders Up Chance of December Rate Hike

GovConIndexDOWNThe GovCon Index dropped 0.274 points to close Friday at 78.007 after a mixed day for U.S. markets in which the probability of an interest rate hike in December rose to 70 percent following the October jobs report, according to CNBC.

The previous week saw the Index end at a nominal gain of 0.053 points.

Top GovCon Index Gainers

Company $ Current Price $ Change % Change
Navistar International 14.12 +0.63 +4.83%
Intelsat 6.38 +0.15 +2.41%
Maximus 69.80 +1.14 +1.66%
Engility Holdings 34.44 +0.55 +1.62%
Computer Sciences Corp. 67.75 +0.75 +1.12%

Market Summary

Advancing Issues 16
Declining Issues 13
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 78.007 -0.274 -0.350%
S&P 500 2, 099.21 -0.72 -0.03%
Dow Jones Industrial Average 17, 910.33 +46.90 +0.26%
NASDAQ 5, 147.12 +19.38 +0.38%

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