May 24 Market Close: GovCon Index Sets Another High and Markets Gain Back Losses

David Smith May 24, 2017 Financial Report, News

The Executive Mosaic GovCon Index closed up for the fifth consecutive day with the advancers significantly outpacing the decliners 28 to 2. The GovCon Index reached another 30 day high of 94.842, up 0.701 percent.

All the U.S. indices were up on the day. The S&P500 reached a new record high of 2,404.39 gaining back all it losses from last week. The DJIA up strongly on the day also gained back last weeks losses.

WTI remained above the $50.00 mark however it settled back 0.02% to $50.32 per barrel on the eve of the OPEC meeting in Vienna.

Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE	Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	94.842	+0.628	+0.701%	+6.865	+7.80%
S&P 500	2,404.39	+5.97	+0.25%	+152.82	+6.79%
Dow Jones Industrial Average	21,012.42	+74.51	+0.36%	+1,139.56	+5.73%
NASDAQ	6,163.02	+24.31	+0.40%	+737.40	+13.59%

Advancing GovCon Index Issues	27
Declining GovCon Index Issues	2
Unchanged GovCon Index Issues	1

Top GovCon Index Daily Percentage Performers

Symbol	Company	$ Current Price	Net Change ▴	% Change
OA	Orbital ATK	100.90	+2.01	+2.03%
VEC	Vectrus	29.77	+0.41	+1.40%
MCK *	McKesson Corp. *	161.23	+2.23	+1.40%
CSRA *	CSRA *	29.64	+0.38	+1.30%
CAE	CAE	15.95	+0.19	+1.21%

Top GovCon Index Daily Net Performers

Symbol	Company	$ Current Price	Net Change ▴	% Change
NOC*	Northrop Grumman *	253.38	+2.73	+1.09%
MCK *	McKesson Corp. *	161.23	+2.23	+1.40%
OA	Orbital ATK	100.90	+2.01	+2.03%
BA *	Boeing *	185.25	+1.76	+0.96%
LMT *	Lockheed Martin*	280.05	+1.69	+0.61%