March 16 Market Close: GovCon Index Down, With Mixed Market Closings

Executive Mosaic’s GovCon Index closed down on the day as markets were mixed.

After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower.

GovCon Index declines outpaced advances by 2 to 1 with Vectrus (NYSE: VEC) up 3.53 percent and Cubic Corp. (NYSE: CUB) up 1.92 percent, leading the positive shares. .

WTI headed negative today after a positive move yesterday. Crude Oil closed at $48.79 per barrel down 0.14 percent.

Market Summary

Index Value Net Change % Change
GovCon Index 93.104 -0.490 -0.524%
S&P 500 2,381.38 -3.88 -0.16%
Dow Jones Industrial Average 20,934.55 -15.56 -0.07%
NASDAQ 5,900.76 +0.71 +0.01%
Advancing GovCon Index Issues 9
Declining GovCon Index Issues 21
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
CUB Cubic Corp. 53.15 +1.00 +1.92%
VEC Vectrus 22.89 +0.78 +3.53%
MCK McKesson Corp. * 148.83 +0.57 +0.38%
COL Rockwell Collins 98.31 +0.42 +0.43%
EGL Engility Holdings 30.42 +0.30 +1.00%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
VEC Vectrus 22.89 +0.78 +3.35%
CUB Cubic Corp. 53.15 +1.00 +1.92%
EGL Engility Holdings 30.42 +0.30 +1.00%
BAESY BAE Systems 32.20 +0.24 +0.75%
NAV Navistar Intern. 27.46 +0.14 +0.51%

GovCon Index Decliners

Symbol Company $ Current Price Net Change ▾ % Change
NOC Northrop Grumman * 240.28 -3.56 -1.46%
LLL L3 Technologies * 167.87 -2.50 -1.47%
LMT Lockheed Martin * 97.94 -1.36 -1.37%

*Companies Included in S&P500 Index

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