December 17 Market Close: GovCon Index Follows Commodity Markets Downward

GovConIndexDOWNThe markets closed down today on the heels of weak commodity prices. Precious metals, oil and natural gas all closed down on the day.

The GovCon Index market gainers for the day were CACI International (NYSE: CACI) closing at $99.15 share price, up $4.48 or 4.73%; and Orbital ATK (NYSE: OA) with a gain of $1.72 or 1.99% to close at $88.06 per share.

CACI’s price increase was driven by positive analyst recommendation, with BB&T Corp. raising their rating from a “hold” to a “buy” status.

MARKET SUMMARY

GOVCON INDEX COMPANIES 

Advancing Issues 4
Declining Issues 24
Unchanged Issues 2
Index Value Net Change % Change
GovCon Index 76.394  -0.686 -0.890%
S&P 500 2, 041.89 -31.18 -1.50
Dow Jones Industrial Average 17, 495.84 -253.25 -1.43%
NASDAQ 5, 002.55 -68.58 -1.35%

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