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  • Thursday, April 25, 2024

December 14 Morning Report: GovCon Index Posts Decline Amid Oil, Interest Rate Concerns


GovConIndexDOWNThe GovCon Index closed Friday with a loss of 1.288 percent to 75.751 and posted a 3.236-percent drop for the week on sell-offs in the larger U.S. market due to declines in crude oil futures and the anticipated interest rate hike.

CSRA (NYSE: CSRA) gained 1.33 percent to $28.92 while Serco Group (U.S. over-the-counter) remained at $1.63.

Market Summary

Advancing Issues1
Declining Issues28
Unchanged Issues1
IndexValueNet Change% Change
GovCon Index75.751-1.219-1.584%
S&P 5002, 012.37-39.86-1.94%
Dow Jones Industrial Average17, 265.21-309.54-1.76%
NASDAQ4, 933.46-111.71-2.21%

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