September 26 Market Close: GovCon Index, US Stocks Down Ahead of 1st Presidential Debate

GovConIndexDOWNExecutive Mosaic’s GovCon Index showed little change Monday to start September’s final trading week as U.S. stocks declined on investor anticipation over the first U.S. presidential debate to take place six weeks before the Nov. 8 election.

GovCon Index decliners outnumbered gainers at a 2-to-1 ratio and two of its S&P 500 companies closed green with L-3 Communications (NYSE: LLL) the top advancer of companies listed in both indices.

Orbital ATK (NYSE: OA) led GCI advancers in both net and percentage movement as the space systems and weapons maker ended at a volume of 1.13 million shares traded versus the three-month average of 734, 583.

Military shipbuilder Huntington Ingalls Industries (NYSE: HII) ended second for net gainers with AECOM (NYSE: ACM) and Navistar International (NYSE: NAV) also in the top five along with L-3.

S&P 500 stocks McKesson Corp. (NYSE: MCK) and Boeing (NYSE: BA) contributed the largest losses to the GCI with health and human program services contractor Maximus (NYSE: MMS) in third for net decliners.

McKesson tumbled as healthcare stocks fell 1.14 percent and financial shares declined 1.55 percent to close as the two biggest drags on the S&P 500.

Investors view industrial, pharmaceutical and health insurance as the three most volatile sectors in U.S. financial markets during the close election, Reuters reported.

Market Summary

Index Value Net Change % Change
GovCon Index 81.157 -0.218 -0.268%
S&P 500 2, 146.10 -18.59 -0.86%
Dow Jones Industrial Average 18, 094.83 -166.62 -0.91%
NASDAQ 5, 257.49 -48.26 -0.91%
Advancing GovCon Index Issues 10
Declining GovCon Index Issues 20
Unchanged GovCon Index Issues 0

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
MCK McKesson Corp. * 165.18 -1.90 -1.14%
BA Boeing * 130.57 -1.21 -0.92%
MMS Maximus 56.47 -1.07 -1.86%
ICFI ICF 44.20 -0.79 -1.76%
CUB Cubic Corp. 46.21 -0.75 -1.60%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
MMS Maximus 56.47 -1.07 -1.86%
ICFI ICF 44.20 -0.79 -1.76%
VEC Vectrus 28.19 -0.50 -1.74%
CUB Cubic Corp. 46.21 -0.75 -1.60%
CSRA CSRA * 26.75 -0.37 -1.36%

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
OA Orbital ATK 76.00 +1.56 +2.10%
HII Huntington Ingalls Industries 154.52 +1.06 +0.69%
LLL L-3 Communications * 150.65 +0.57 +0.38%
ACM AECOM 28.97 +0.43 +1.51%
NAV Navistar International 21.98 +0.19 +0.87%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
OA Orbital ATK 76.00 +1.56 +2.10%
ACM AECOM 28.97 +0.43 +1.51%
NAV Navistar International 21.98 +0.19 +0.87%
KBR KBR 14.50 +0.10 +0.69%
HII Huntington Ingalls Industries 154.52 +1.06 +0.69%

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