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March 8 Market Close: GovCon Index Down, With Stock Markets Split


Executive Mosaic’s GovCon Index closed down for the day to 92.912 off -0.092%. The major market closed mixed as investors wait to see what the Fed will do with interest rates.

The Dow was down 0.33% to close at 20,855.73, the S&P500 off 5.41 points to close at 2,362.98, and the NASDAQ was positive 0.06% to 5,837.55.

GovCon Index advancers and decliners split fairly evenly on the day.  The top five gainers were all up over two percent led by Orbital ATK (NYSE:OA) who released their strong fourth quarter and full year 2016 financial results.

Energy stocks led the market decline with WTI crude closing down 5.40% to $50.27 per barrel (lowest settlement of the year).

Market Summary

Index Value Net Change % Change
GovCon Index 92.912 -0.086 -0.092%
S&P 500 2,362.98 -5.41 -0.23%
Dow Jones Industrial Average 20,855.73 -69.03 -0.33%
NASDAQ 5,837.55 +3.62 +0.06%
Advancing GovCon Index Issues 13
Declining GovCon Index Issues 17
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
OA Orbital ATK 96.82 +2.26 +2.39%
ICFI ICF 43.10 +1.00 +2.38%
MANT ManTech Intern. 36.01 +0.90 +2.56%
NAV Navistar Intern. 25.48 +0.63 +2.54%
VEC Vectrus 22.74 +0.63 +2.58%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change % Change ▴
VEC Vectrus 22.74 +0.63 +2.85%
MANT ManTech Intern. 36.01 +0.90 +2.56%
NAV Navistar Intern. 25.48 +0.63 +2.54%
OA Orbital ATK 96.82 +2.26 +2.39%
ICFI ICF 43.10 +1.00 +2.38%

GovCon Index Decliners

Symbol Company $ Current Price Net Change ▾ % Change
HII Huntington Ingalls 215.38 -2.39 -1.10%
LLL L3 Technologies 167.55 -1.52 -0.90%
LMT Lockheed Martin 207.72 -1.32 -0.49%

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