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March 31 Market Close: GovCon Index And Major Markets End a Strong First Quarter


In spite of investors experiencing the Trump’s administration inability to pass healthcare legislation; the 0.25 percent increase in Federal Fund Rates (with strong speculation of more increases to come later in the year), the U.K. triggering Article 50, and the downward pressure on the energy sector and oil prices from the global oil glut the GovCon Index and major markets turned in strong first quarter results.

First Quarter 2017 Market Summary

Index Value First QTR. Net Change First QTR. % Change
GovCon Index 91.178 +2.53 +2.86%
S&P 500 2,362.72 +104.89 +4.64%
Dow Jones Industrial Average 20,663.22 +781.46 +3.93%
NASDAQ 5,911.74 +482.66 +8.89%

The markets were thinly traded on the day showing modest movement as investors have turned their attention to the second quarter and developments on the global political and economic front.

WTI closed the first quarter down $1.66 per barrel or 3 percent with the markets reacting to the global oversupply of oil. WTI closed the day at $50.78 up $0.43 as the markets responded to the speculation that OPEC will remain with the limited production runs in hopes that will ease the global oil glut. 

 Today Market Summary

Index Value Net Change % Change
GovCon Index 91.178 -0.566 -0.617%
S&P 500 2,362.72 -5.34 -0.23%
Dow Jones Industrial Average 20,663.22 -65.27 -0.31%
NASDAQ 5,911.74 -2.61 -0.04%
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
EGL Engility Holdings 28.94 +0.83 +2.95%
CUB Cubic Corp. 52.80 +0.50 +0.96%
VEC Vectrus 22.35 +0.45 +2.05%
TXT Textron Inc. * 47.59 +0.27 +0.57%
KBR KBR 15.03 +0.21 +1.42%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
EGL Engility Holdings 28.94 +0.83 +2.95%
VEC Vectrus 22.35 +0.45 +2.05%
KBR KBR 15.03 +0.21 +1.42%
CUB Cubic Corp. 52.80 +0.50 +0.96%
TXT Textron Inc. * 47.59 +0.27 +0.57%

GovCon Index Decliners

Symbol Company $ Current Price Net Change ▾ % Change
CSRA CSRA * 29.29 -0.51 -1.71%
BAESY BAE Systems 32.46 -0.53 -1.61%
OA Orbital ATK Inc. 98.00 -1.31 -1.32%

*Companies Included in S&P500 Index

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