June 14 Market Close: GovCon Index Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index closed up for the sixth consecutive day with a mix of service providers and platform companies leading the pack.

Officials at the Federal Reserve went ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.

Technology stocks slid today, pulling the Nasdaq Composite down along with it. The S&P 500 closed at a slightly lower value than anticipated due to the aforementioned worries over weak inflation and the Federal Reserve’s interest rate hike. The Dow Jones Industrial Average rose 46.39 points, the S&P 500 lost 2.44 points and the Nasdaq Composite dropped 25.48 points.

 

  Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 96.198 +0.263 +0.029% +8.221 +9.34%
S&P 500  2,437.91 -2.44 -0.10% +186.34 +8.28%
Dow Jones Industrial Average 21,374.83 +46.36 +0.22% +1501.97 +7.56% 
NASDAQ 6,194.89 -25.48 -0.41% +769.27 +14.18% 
Advancing GovCon Index Issues  18
Declining GovCon Index Issues 12
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 VEC  Vectrus  32.20 +0.87 +2.78%
 EGL  Engility Holdings, Inc. 29.29 +0.35 +1.21%
 ICFI  ICF  47.30 +0.55 +1.18%
 BAH  Booz Allen Hamilton  39.53 +0.34 +0.87%
 NOC*  Northrop Grumman*  259.66 +2.07 +0.80%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 NOC*  Northrop Grumman*  259.66 +2.07 +0.80%
 LMT*  Lockheed Martin* 280.30 +1.94 +0.70%
 BA*  Boeing* 192.38 +1.29 +0.68%
 MCK*  McKesson Corp.* 163.37  +1.22 +0.75%
 RTN*  Raytheon*  162.46  +1.08 +0.67%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 NAV  Navistar Int’l 27.33 -1.37 -4.77%
 KBR  KBR 14.74 -0.18 -1.21%
 LDOS  Leidos Holdings, Inc. 55.14  -0.55 -0.99%

*Companies Included in S&P500 Index

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