March 22 Market Close: GovCon Index, US Stocks Show Little Change Amid Brussels Attacks

GovConIndexDOWNThe GovCon Index held in narrow range for the entirety of Tuesday trade and closed at a nominal loss of 0.084 points to 75.331, which ends the Index’s four-day stretch of gains.

U.S. markets also struggled for direction after the early morning terrorist attacks at the main airport and a subway station in Brussels that killed at least 30 and wounded more than 170.

Seven of GCI’s 11 S&P 500 stocks posted gains with the latter composite index down a nominal 1.80 points at the close to end a light volume day ahead of the Good Friday holiday when U.S. markets are closed.

Healthcare and technology stocks rose while transportation shares declined as investors looked to gold and the U.S. dollar as news developments surfaced out of Brussels over the incidents, according to Bloomberg.

Crude oil futures in New York declined a nominal 7 cents to $41.45 a barrel.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
HNT Health Net  64.81 2.15 +3.43%
HRS Harris Corp.*  79.62 1.06 +1.35%
ACM AECOM 31.32 0.32 +1.03%
TXT Textron* 36.61 0.25 +0.69%
LLL L-3 Communications* 119.38 0.59 +0.50%

* Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 13
Declining GovCon Index Issues 17
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 75.331 -0.084 -0.111%
S&P 500 2, 049.80 -1.80 -0.09%
Dow Jones Industrial Average 17, 582.57 -41.30 -0.123%
NASDAQ 4, 821.66 +12.79 +0.28%

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