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June 21 Market Close: GovCon Index Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index closed down today 0.477 percent to 95.33. Advancing and declining shares were pretty much evenly split.

The major indices closed mixed on the day with the S&P500 and DJIA down and the NASDAQ up. The continued drop in oil prices pulled energy and industrial stocks down, as technology stocks moved up.

WTI crude oil closed down sharply again for the second consecutive day to $42.50 per barrel off 2.32 percent. The market demonstrated their concerns with the political stability in the middle east with the appointment of Mohammed bin Salman’s as crown prince Saudi Arabia. As Bloomberg quoted in their article “that brings back the political risk premium” to crude prices.

Market Summary

GovCon Index95.33 -0.097-0.477%+7.353+8.36%
S&P 5002,435.61 -1.42-0.06%+184.04+8.17%
Dow Jones Industrial Average21,410.03-57.11-0.27%+1,537.17+7.74%
NASDAQ6,233.95+45.92 +0.74%+808.33+14.90%
Advancing GovCon Index Issues 14
Declining GovCon Index Issues 16
Unchanged GovCon Index Issues0

Top GovCon Index Daily Percentage Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 MCK* McKesson Corp.* 162.87+1.90+1.18%
 CACI CACI Int’l 120.85+0.85+0.71%
 LDOS Leidos Holdings, Inc. 53.75+0.37+0.69%
 CAE CAE 16.73+0.10+0.60%
 BAESY BAE Systems34.825 +0.175 +0.505%


Top GovCon Index Daily Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 MCK*McKesson Corp.*162.87+1.90+1.18%
 CACICACI Int’l120.85+0.85+0.71%
 BA*Boeing* 199.17+0.84+0.42%
 LDOSLeidos Holdings, Inc. 53.75 +0.37+0.69%
 HIIHuntington Ingalls Industries 186.58 +0.31+0.17%

Top GovCon Index Daily Percentage Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
 NAV Navistar Int’l 25.22-1.02-3.89%
 VEC Vectrus 30.05-0.97-3.13%
 EGL Engility Holdings, Inc.26.82-0.61-2.22%

*Companies Included in S&P500 Index

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