August 2nd Market Close: GovConIndex Closes Up While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) closed up slightly to 99.401, positive 0.008 percent. KBR topped the GCI posting strong Q2 earnings which resulted in a 8.29 percent gain on the day. Advancers and decliners were evening split.

The major indices closed mixed. The S&P500 up 0.05 percent to 2,477.57, while the DJIA broke 22,000 closing at 22,016.24, and the NASDAQ Composite was flat on the day closing at 6,362.65.

Crude oil reversed yesterday’s loses to close up. WTI on the NY Mercantile Exchange closed today at $49.52 per barrel, up 0.73 percent on reported increased gasoline demand.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 99.401 +0.008 +0.008% +11.424 +12.99%
S&P 500  2,477.51 +1.16 +0.05%   +225.94 +10.03%
Dow Jones Industrial Average 21,015.52 +51.60 +0.23%   +1,142.66 +5.75%
NASDAQ  6,362.65 -0.29 -0.00% +937.03 +17.27%
Advancing GovCon Index Issues 14
Declining GovCon Index Issues 16
Unchanged GovCon Index Issues  0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 KBR  KBR 16.07 +1.23 +8.29%
EGL Engility 30.50 +1.19 +4.06%
RTN* Raytheon*  173.79 +2.32 +1.35%
 HON*  Honeywell Int’l Inc.*  138.72 +1.71 +1.25%
 NAV Navistar Int’l 30.41 +0.30 +1.00%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 RTN*  Raytheon* 173.79 +2.32 +1.35%
 NOC*  Northrop Grumman* 266.83 +2.19 +0.83%
 LMT*  Lockheed Martin*  294.70 +2.05 +0.70%
 HON*  Honeywell Int’l Inc.* 138.72 +1.71 +1.25%
 HII  Huntington Ingalls Industries  208.21 +1.62 +0.78%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 VEC  Vectrus 33.17 -1.23 -3.58%
 GIB  CGI Group 51.10 -1.84 -3.48%
 CUB  Cubic Corporation 46.10 -1.25 -2.64%

*Companies Included in S&P500 Index

Check Also

US Navy

Navy Seeks to Advance Maritime Sustainment Tech Prototype Projects Through Consortium

The Naval Surface Warfare Center, Philadelphia Division has asked industry for proposals to organize and run a consortium that will carry out individual and collaborative prototype projects related to maritime sustainment technology concepts through its members.

Marine Corps Taps BAE for Wargame Hub Design Project; Peder Jungck Quoted

BAE Systems has received a $19M contract from the U.S. Marine Corps to design a wargaming center prototype that will incorporate artificial intelligence, machine learning, data analytics, modeling and simulation processes.