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  • Tuesday, April 23, 2024

May 23 Morning Report: GovCon Index, Major Markets Post Gains


GovConIndexUPThe GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided.

The Dow Jones Industrial Average climbed 65.54 points to close at 17, 500.94, the S&P 500 was up 12.28 points to 2, 052.32 and Nasdaq gained 57.02 points to reach 4, 769.56.

The GovCon Index closed with 27 gainers.

Top GovCon Index Net Gainers

Symbol Company $ Current Price Net Change ▴ % Change
NOC Northrop Grumman* 212.72 +1.65 +0.78%
VEC Vectrus 24.52 +1.50 +6.52%
LLL L-3 Communications* 138.20 +1.35 +0.99%
MCK McKesson* 182.29 +1.33 +0.73%
MMS Maximus 55.34 +1.32 +2.44%

Top GovCon Index Percentage Gainers

Symbol Company $ Current Price Net Change % Change ▴
I Intelsat 3.40 +0.29 +9.32%
VEC Vectrus 24.52 +1.50 +6.52%
CUB Cubic Corp. 40.23 +1.06 +2.71%
MMS Maximus 55.34 +1.32 +2.44%
SAIC SAIC 53.30 +1.18 +2.26%

*S&P 500 Company

Market Summary

Advancing GovCon Index Issues 27
Declining GovCon Index Issues 3
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 77.776 +0.705
S&P 500 2, 052.32 +12.28 +0.60%
Dow Jones Industrial Average 17, 500.94 +65.54 +0.38%
NASDAQ 4, 769.56 +57.02 +1.21%

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