Hello, Guest!

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

IndexValueNet Change% Change
GovCon Index92.912-0.086-0.092%
S&P 5002,362.98-5.41-0.23%
Dow Jones Industrial Average20,855.73-69.03-0.33%
NASDAQ5,837.55+3.62+0.06%
Advancing GovCon Index Issues13
Declining GovCon Index Issues17
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
OAOrbital ATK96.82+2.26+2.39%
ICFIICF43.10+1.00+2.38%
MANTManTech Intern.36.01+0.90+2.56%
NAVNavistar Intern.25.48+0.63+2.54%
VECVectrus22.74+0.63+2.58%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change ▴
VECVectrus22.74+0.63+2.85%
MANTManTech Intern.36.01+0.90+2.56%
NAVNavistar Intern.25.48+0.63+2.54%
OAOrbital ATK96.82+2.26+2.39%
ICFIICF43.10+1.00+2.38%

GovCon Index Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
HIIHuntington Ingalls215.38-2.39-1.10%
LLLL3 Technologies167.55-1.52-0.90%
LMTLockheed Martin207.72-1.32-0.49%

Video of the Day

Related Articles