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June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

June 6 Morning Report: GovCon Index Posts Narrow Friday Gain on May Jobs Data

    Author: Anna Forrester || Date Published: June 6, 2016


    GovConIndexUPThe GovCon Index closed Friday with a narrow gain of 0.091 points to 79.018 for its third consecutive week in positive territory as the Labor Department reported May jobs data below expectations.

    According to CNBC, analysts have also indicated that the Federal Reserve could implement a 54-percent increase in the interest rate as early as September.

    Top GovCon Index Net Gainers

    SymbolCompany$ Current PriceNet Change –´% Change
    LLLL-3 Communications*141.97+2.11+1.51%
    NOCNorthrop Grumman*215.18+1.80+0.84%
    RTNRaytheon*133.86+1.70+1.29%
    TXTTextron*39.96+1.45+3.77%
    LMTLockheed Martin*238.92+1.09+0.46%

    Top GovCon Index Percentage Gainers

    SymbolCompany$ Current PriceNet Change% Change –´
    TXTTextron*39.96+1.45+3.77%
    LLLL-3 Communications*141.97+2.11+1.51%
    RTNRaytheon*133.86+1.70+1.29%
    GIBCGI Group47.45+0.48+1.02%
    NOCNorthrop Grumman*215.18+1.80+0.84%

    * Also listed in the S&P 500 composite index

    Market Summary

    Advancing GovCon Index Issues15
    Declining GovCon Index Issues15
    Unchanged GovCon Index Issues0
    IndexValueNet Change% Change
    GovCon Index79.018+0.091+0.115%
    S&P 5002, 099.13-6.13-0.29%
    Dow Jones Industrial Average17, 809.66-28.90-0.16%
    NASDAQ4, 942.53-28.85-0.58%

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