January 4 Morning Report: GovCon Index Ends 2015 Down on Oil Price Declines

GovConIndexDOWNThe GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis.

Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude in London fell 3.18 percent to $36.59 a barrel.

Both energy shares and material stocks fell in afternoon trade, CNBC reported.

GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
CSRA CSRA* 29.85 +0.26 +0.88%
CUB Cubic Corp. 47.76 +0.23 +0.48%
LLL L-3 Communications* 120.94 +0.22 +0.18%

* Also listed in the S&P 500 index

Market Summary

Advancing Issues 3
Declining Issues 26
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 77.761 0.621 0.792%
S&P 500 2, 063.36 -15.00 -0.72%
Dow Jones Industrial Average 17, 603.87 -117.11 -0.66%
NASDAQ 5, 065.85 -42.09 -0.82%

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