April 4 Morning Report: GovCon Index Posts Gain on March Jobs Data, Manufacturing Sector Recovery

GovConIndexUPThe GovCon Index closed Friday with a gain of 0.348 points to 74.380 on positive movement in U.S. markets and posted a weekly gain of 1.273 percent.

The U.S. markets’ performance is based on jobs data that indicates nonfarm businesses added 215, 000 workers in March to surpass analyst expectations, according to Reuters.

Investors also saw some recovery for the manufacturing sector in the Institute for Supply Management’s latest factory activity index reading of 51.8 for March, up 2.3 points from February, Reuters said.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
LDOS Leidos Holdings 51.39 +1.07 +2.13%
ICFI ICF International 34.98 +0.61 +1.77%
CSRA CSRA* 27.27 +0.47 +1.75%
SAIC SAIC 54.17 +0.83 +1.56%
NOC Northrop Grumman* 200.31 +2.41 +1.22%

* 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 74.380 +0.348 +0.470%
S&P 500 2, 072.78 +13.04 +0.63%
Dow Jones Industrial Average 17, 792.75 +107.66 +0.61%
NASDAQ 4, 914.54 +44.69 +0.92%

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