March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets Up

Executive Mosaic’s GovCon Index followed markets to close up Friday after the release of strong February employment figures.

The Labor Department’s monthly report showed employers added an above-forecast 235,000 positions in February, with the jobless rate dropping to 4.7 percent. Other strong indicators from the February report were a pickup in wage growth and the share of prime-age Americans in the labor force — all pointing to the high probability of a Fed rate increase at this week’s meeting.

WTI crude remains below the $50 mark closing at $48.39 per barrel off the weekly high of $53.62.

Market Summary

Index Value Net Change % Change
GovCon Index 92.870 +0.072 +0.078%
S&P 500 2,371.25 +6.38 +0.27%
Dow Jones Industrial Average 20,903.19 +45.00 +0.22%
NASDAQ 5,861.73 +22.92 +0.39%
Advancing GovCon Index Issues 22
Declining GovCon Index Issues 8
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
HRS Harriss Corp. * 110.62 +1.16 +1.06%
ACM AECOM 36.07 +0.96 +2.37%
HON Honeywell* 127.04 +0.85 +0.67%
VEC Vectrus 22.36 +0.65 +2.99%
GIB CGI Group 47.21 +0.62 +1.33%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
VEC Vectrus 22.36 +0.65 +2.99%
ACM AECOM 36.07 +0.96 +2.73%
NAV Navistar Intern. 26.00 +0.39 +1.52%
EGL Engility Holdings 28.87 +0.43 +1.51%
MANT ManTech Intern. 35.82 +0.49 +1.39%

GovCon Index Decliners

Symbol Company $ Current Price Net Change ▾ % Change
HII Huntington Ingalls 211.70 -2.00 -0.94%
BA Boeing* 178.70 -1.87 -1.04%
MCK McKesson Corp.* 147.67 -1.80 -1.20%

*Companies Included in S&P500 Index

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