May 30 Morning Report: Friday Close – GovCon Index and all Indices Up for the Week

Even though the Executive Mosaic GovCon Index closed down on Friday it was up 3.0 percent for the week. The weekly GovCon Index leaders were SAIC up 6.6 percent, McKesson and General Dynamics both up 2.5 percent.

All the U.S. indices showed little movement at Friday’s close. All the indices were up for the week with the S&P 500 up 1.08 percent, the DJIA up 0.90 percent, and the NASDAQ up 1.62 percent.

WTI reversed it’s significant drop form Thursday to close up Friday 1.82 percent to $49.79 per barrel. On the week WTI closed down 0.57 percent even as OPEC attempted to shore global crude prices by extending production cutes through March 2018.

  Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE		Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	95.728	-0.062	-0.162%		+7.751	+8.81%
S&P 500	2,415.82	+0.75	+0.03%		+164.25	+7.29%
Dow Jones Industrial Average	21,080.28	-2.67	-0.01%		+1,207.42	+6.08%
NASDAQ	6,210.19	+4.94	+0.08%		+784.57	+14.46%

Advancing GovCon Index Issues	13
Declining GovCon Index Issues	17
Unchanged GovCon Index Issues	0

Top GovCon Index Daily Percentage Performers

Symbol	Company	$ Current Price	Net Change ▴	% Change
CAE	CAE	16.27	+0.17	+1.06%
SAIC	SAIC	77.17	+0.67	+0.88%
NAV	Navistar Intern.	26.92	+0.16	+0.60%
GD *	General Dynamics *	202.24	+1.15	+0.57%
LMT*	Lockheed Martin *	283.65	+1.59	+0.56%

Top GovCon Index Daily Net Performers

Symbol	Company	$ Current Price	Net Change ▴	% Change
LMT*	Lockheed Martin*	283.64	+1.59	+0.56%
GD*	General Dynamics *	202.24	+1.15	+0.57%
SAIC	SAIC	77.17	+0.67	+0.88%
NOC	Northrop Grumman *	256.99	+0.47	+0.18%
CACI	CACI Intern.	127.20	+0.40	+0.32%

Top GovCon Index Daily Percentage Decliners

Symbol	Company	$ Current Price	Net Change ▾	% Change
CSRA *	CSRA *	30.46	-0.56	-1.77%
EGL	Engility Holdings	27.53	-0.46	-1.64%
KBR	KBR	14.63	-0.17	-1.20%

*Companies Included in S&P500 Index