September 13 Market Close: GovCon Index Down With Concerns Over Interest Rate Hike

Executive Mosaic’s GovCon Index closed down sharply after Monday’s rally. The Index hit a new two month low to close at 79.605 off 1.39 percent on the day. Declining shares outpaced advancing 28 to 2.

The markets responded to further uncertainty about an increase in U.S. interest rates, and a significant slide in oil prices due to cut in crude oil demand.

WTI crude dropped to $45.63, down 2.58 percent

Market Summary

Lowest GovCon Index Net Performers

Lowest GovCon Index Percentage Performers

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