April 14 Market Close: GovCon Index Descends to Loss in Afternoon Trade

GovConIndexDOWNThe GovCon Index descended into narrow range in a choppy afternoon trading session Thursday and closed at a nominal decline of 0.093 points to 75.306 as U.S. investors paused to gauge markets’ rally over Tuesday and Wednesday.

Financial shares posted a fifth-straight positive day on earnings from banks that exceeded Wall Street’s expectations.

Telecommunications stocks also climbed but all sector gains were offset by losses in materials shares.

Crude oil futures in New York settled down 26 cents to $41.50 a barrel.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
NAV Navistar International 13.87 +0.41 +3.05%
ICFI ICF International 37.10 +0.75 +2.06%
CSRA CSRA 26.94 +0.45 +1.70%
GIB CGI Group 49.11 +0.63 +1.30%
BAESY BAE Systems 28.84 +0.24 +0.86%

* Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues 12
Declining GovCon Index Issues 18
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 75.306 -0.093 -0.123%
S&P 500 2, 082.78 +0.36 +0.02%
Dow Jones Industrial Average 17, 926.43 +18.15 +0.10%
NASDAQ 4, 945.89 -1.53 -0.03%

Check Also


National Security Space Association Adds Eight New Members to Board

The National Security Space Association has named eight new members to its board of directors. The appointments came a month after NSSA added Lester Lyles, a retired Air Force general, and Stephanie O'Sullivan, former principal deputy director of national intelligence, to the board, the association said Tuesday.

Tom Afferton, Northrop VP, to Moderate Panel During Potomac Officers Club’s Secure IT Modernization in Today’s Environment Virtual Event

Tom Afferton, vice president of civil solutions at Northrop Grumman, will serve as the moderator for the expert panel during Potomac Officers Club’s Secure IT Modernization in Today’s Environment Virtual Event on August 26th.