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


GovConIndexDOWNExecutive 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

Index Value Net Change % Change
GovCon Index 79.605 -1.122 -1.39%
S&P 500 2, 127.02 -32.02 -1.48%
Dow Jones Industrial Average 18, 066.75 -258.32 -1.41%
NASDAQ 5, 155.25 -56.63 -1.09%
Advancing GovCon Index Issues 2
Declining GovCon Index Issues 28
Unchanged GovCon Index Issues 0

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
MCK McKesson Corp.* 175.84 -4.63 -2.57%
HII Huntington Ingalls 160.90 -3.81 -1.94%
LLL L-3 Communications 146.64 -2.31 -1.55%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
GIB CGI Group 46.11 -1.76 -3.68%
MMS Maximus Inc. 57.01 -1.75 -2.98%
EGL Engility Holdings 29.43 -0.86 -2.84%

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