July 18th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to slid for the second consecutive day closing down 0.425 percent to 97.396. Decliners outpaced advancers 2 to 1.

The major indices closed mixed with the S&P500 up and the NASDAQ Composite reaching new record highs while the DJIA closed down . The markets await quarterly earnings reports to determine market positions.

Crude oil reversed yesterday’s downward direction to close up with WTI on the NY Mercantile Exchange settling at $46.48 per barrel up 1.00 percent. The markets responded to reports that Saudi Arabia is evaluating further production cuts.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 97.396  -0.378 -0.425% +9.419 +10.71%
S&P 500  2,460.62  +1.48 +0.06%   +209.05 +9.28%
Dow Jones Industrial Average 21,574.73 -54.99 -0.25%   +1,701.87 +8.56%
NASDAQ  6,344.31 +29.87 +0.47%   +918.69 +16.93%
Advancing GovCon Index Issues  9
Declining GovCon Index Issues  20
Unchanged GovCon Index Issues 1

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 NAV  Navistar Int’l  29.41 +0.30 +1.03%
 GIB  CGI Group  52.66 +0.44 +0.84%
 GD*  General Dynamics Corp.*  201.42 +1.28 +0.64%
 RTN*  Raytheon* 167.96 +0.95 +0.57%
 ICFI  ICF 46.90 +0.20 +0.43%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 GD*  General Dynamics Corp.* 201.42 +1.28 +0.64%
 RTN*  Raytheon*  167.96 +0.95 +0.57%
 GIB  CGI Group 52.66 +0.44 +0.84%
 NAV  Navistar Int’l  29.41  +0.30 +1.03%
 HRS*  Harris Corp.* 113.78  +0.29 +0.26%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 EGL  Engility Holdings, Inc. 28.90 -0.70 -2.36%
 KBR  KBR 15.07 -0.33 -2.14%
 MCK*  McKesson Corp.* 165.41 -2.71 -1.61%

*Companies Included in S&P500 Index

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