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  • Tuesday, April 23, 2024

April 20 Market Close: GovCon Index and Markets Surge On Speculation of Tax Cuts


The Executive Mosaic GovCon Index closed up almost a full percentage point with advancing stocks 29 to 1 versus decliners.

U.S. markets surged as the Treasury Secretary comments gave support that the Trump administration would cut taxes soon.

At market close WTI was up $0.18 to $50.26 per barrel as traders speculate that oil supply in the second quarter will tighten. 

 

Today Market Summary

Index Value Net Change % Change
GovCon Index 91.428 +0.851 +0.904%
S&P 500 2,355.84 +17.67 +0.76%
Dow Jones Industrial Average 20,578.71 +174.22 +0.85%
NASDAQ 5,916.78 +53.74 +0.92%
Advancing GovCon Index Issues 29
Declining GovCon Index Issues 1
Unchanged GovCon Index Issues 0

Top GovCon Index Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
LMT Lockheed Martin * 272.23 +2.60 +0.96%
CACI CACI Intern. 117,40 +2.10 +1.82%
LLL L-3 Technologies * 168.29 +1.70 +1.02%
COL Rockwell Collins 99.62 +1.58 +1.61%
MCK McKesson Corp. 137.67 +1.58 +1.16%

Top GovCon Index Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
NAV Navistar Intern. 25.48 +1.57 +6.54%
ICFI ICF 44.20 +1.05 +2.43%
VEC Vectrus 24.42 +0.53 +2.22%
LDOS Leidos Holdings 52.68 +0.94 +1.82%
CACI CACI Intern. 117.40 +2.10 +1.82%

*Companies Included in S&P500 Index

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