February 7 Market Close: GovCon Index Higher on Boeing Lift, US Stocks End Positive Despite PM Dip

Executive Mosaic’s GovCon Index closed higher Tuesday with a strong performance by Boeing (NYSE: BA) the main contributor, while U.S. stocks ended slightly green despite an afternoon descent as investors eyed oil price declines.

GovCon Index gainers outnumbered decliners by a 2-to-1 ratio as nine of its 11 S&P 500 components advanced with co-listed Boeing the GCI’s top overall net performer as the airplane maker also led the Dow Jones Industrial Average’s climb to a record high during the session.

Fellow GovCon Index-S&P 500 stock Lockheed Martin (NYSE: LMT) ended second-highest for GCI net gainers, while AECOM (NYSE: ACM) ended third-best for GCI net gainers as the global engineering and construction company topped Wall Street’s consensus earnings and revenue forecasts for the second quarter.

Energy tumbled more than 1 percent to lead seven major S&P sectors lower as crude oil futures in New York settled down 1.58 percent to $52.17 a barrel on trader concern over U.S. shale production possibly holding up efforts to scale back a worldwide supply glut, Reuters reported.

Consumer shares closed as the day’s top performing S&P sector.

Market Summary

Index Value Net Change % Change
GovCon Index 89.575 +0.201 +0.237%
S&P 500 2,293.08 +0.52 +0.02%
Dow Jones Industrial Average 20,090.29 +37.87 +0.19%
NASDAQ 5,674.22 +10.67 +0.19%
Advancing GovCon Index Issues 20
Declining GovCon Index Issues 10
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
BA Boeing * 166.50 +2.52 +1.54%
LMT Lockheed Martin * 256.37 +1.06 +0.42%
ACM AECOM 38.12 +0.97 +2.61%
BAESY BAE Systems 29.90 +0.58 +1.98%
RTN Raytheon * 148.12 +0.57 +0.39%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
ACM AECOM 38.12 +0.97 +2.61%
BAESY BAE Systems 29.90 +0.58 +1.98%
BA Boeing * 166.50 +2.52 +1.54%
CSRA CSRA * 32.55 +0.25 +0.77%
EGL Engility Holdings 29.45 +0.21 +0.72%

Lowest GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▾ % Change
MMS Maximus 54.81 -0.59 -1.06%
HII Huntington Ingalls Industries 199.01 -0.44 -0.22%
LLL L3 Technologies * 160.75 -0.26 -0.16%
VEC Vectrus 22.26 -0.21 -0.93%
CACI CACI International 129.30 -0.15 -0.12%

Lowest GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▾
MMS Maximus 54.81 -0.59 -1.06%
VEC Vectrus 22.26 -0.21 -0.93%
CAE CAE 14.10 -0.07 -0.49%
HII Huntington Ingalls Industries 199.01 -0.44 -0.22%
LLL L3 Technologies * 160.75 -0.26 -0.16%

You may also be interested in...

DISA

DISA Seeks Potential FAMIS-WCF Financial System Sustainment, Enhancement Support Sources

The Defense Information Systems Agency has started to seek information on potential vendors that could help enhance and provide sustainment support for DISA’s Financial Accounting Management Information System for the Working Capital Funds platform.

Potomac Officers Club Hosts PNT Superiority on the Future Battlefield

Potomac Officers Club’s Ensuring PNT Superiority on the Future Battlefield Hosted Expert Panel to Discuss Defense Resilience and Capabilities

During Potomac Officers Club’s Ensuring PNT Superiority on the Future Battlefield Virtual Event, an expert panel, comprised of notable leaders across the defense sector, took the stage to discuss how military PNT capabilities have become vital to the nation’s ability to shape the global environment, deter aggression, and fight and win wars, now and in the future.