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  • Friday, April 26, 2024

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

INDEXSETTLEMENT VALUEDAY NET CHANGEDAY % CHANGE Y-T-D NET CHANGEY-T-D % CHANGE
GovCon Index97.396 -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 Average21,574.73-54.99-0.25% +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 Issues1

Top GovCon Index Daily Percentage Performers

SymbolCompany$ Current PriceNet 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 ICF46.90+0.20+0.43%

Top GovCon Index Daily Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 GD* General Dynamics Corp.*201.42+1.28+0.64%
 RTN* Raytheon* 167.96+0.95+0.57%
 GIB CGI Group52.66+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

SymbolCompany$ Current PriceNet Change ▾% Change
 EGL Engility Holdings, Inc.28.90-0.70-2.36%
 KBR KBR15.07-0.33-2.14%
 MCK* McKesson Corp.*165.41-2.71-1.61%

*Companies Included in S&P500 Index

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