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  • Saturday, April 20, 2024

July 7th Market Close: GovConIndex Reaches 30 Day High As Major Indices Close Up


All market reversed their downward direction from yesterday and closed up strongly today.

The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive.

All the major indices reversed yesterdays downward direction closing up today with a strong performance. The June Jobs Report posting 220,00 new jobs and the jobless rate dropping to 4.40 percent bolstered investors confidence in the U.S. economy.

WTI crude oil closed down for the day. WTI on the NY Mercantile Exchange trended downward for the trading day settling at $44.36 per barrel down 2.55 per cent as reported U.S. drilling increased.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 96.626 +1.231 +1.332% +8.649 +9.83%
S&P 500 2,425.16 +15.41 +0.64%   +173.59 +7.71%
Dow Jones Industrial Average 21,413.25 +93.21 +0.44%   +1,540.39 +7.75%
NASDAQ 6,153.08 +63.61 +1.04%   +727.46 +13.41%
Advancing GovCon Index Issues  28
Declining GovCon Index Issues 2
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 EGL  Engility Holdings, Inc.  29.31 +1.12 +3.97%
 CACI  CACI Int’l 127.40 +3.19 +2.57%
 CUB  Cubic Corporation 47.10 +1.10 +2.39%
 BAH  Booz Allen Hamilton 33.75 +0.78 +2.37%
 HRS*  Harris Corp.*  112.81 +2.53 +2.29%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 LMT*  Lockheed Martin*  285.20 +4.24 +1.51%
 CACI  CACI Int’l 127.40 +3.19 +2.57%
 NOC*  Northrop Grumman* 261.99 +3.05 +1.18%
 HRS*  Harris Corp*  112.81 +2.53 +2.29%
 LLL*  L3 Technologies*  171.51 +2.45 +1.45%

*Companies Included in S&P500 Index

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