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 $48.79 per barrel down 0.14 percent.
|Index||Value||Net Change||% Change|
|Dow Jones Industrial Average||20,934.55||-15.56||-0.07%|
|Advancing GovCon Index Issues||9|
|Declining GovCon Index Issues||21|
|Unchanged GovCon Index Issues||0|
Top GovCon Index Net Performers
|Symbol||Company||$ Current Price||Net Change ▴||% Change|
|MCK||McKesson Corp. *||148.83||+0.57||+0.38%|
Top GovCon Index Percentage Performers
|Symbol||Company||$ Current Price||Net Change||% Change ▴|
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