May 17 Market Close: Significant Declines in the GovCon Index and Major Markets

The Executive Mosaic GovCon Index followed major markets downward closing off 2.23 per cent to 91.553. All 30 of the stocks that comprise the GovCon Index were negative on the day.

The major markets were off significantly today with losses that reversed all the gains realized in May. Investors showed concerns about the economy and the challenges facing the current administration.

At market close WTI moved contrary to major stock markets closing up 0.70 percent to $49.00 as weekly data shows U.S. supplies falling; giving encouragement that OPEC cuts are taking hold. 


 Today Market Summary

Index Value Net Change % Change
GovCon Index 91.553 -1.676 -2.23%
S&P 500 2,357.03 -43.64 -1.82%
Dow Jones Industrial Average 20,606.93 -372.82 -1.78%
NASDAQ 6,011.24 -158.63 -2.57%
Advancing GovCon Index Issues 0
Declining GovCon Index Issues 30
Unchanged GovCon Index Issues 0

Top GovCon Index Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
EGL Engility Holdings 26.80 -1.76 -6.16%
NAV Navistar Intern. 25.66 -1.61 -5.90%
TXT Textron Inc. * 46.19 -1.99 -4.13%

*Companies Included in S&P500 Index

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