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  • Thursday, April 25, 2024

September 11th Morning Report: Friday Close – GovCon Index and Markets All Down For The Week


The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains.

The short trading week saw the major indices all posting weekly losses. The S&P500 was down 0.24 percent for the week, while the DJIA was off 0.40 percent, and the NASDAQ Composite lost 0.67 percent.

Crude oil pulled back on the week with WTI on the NY Mercantile Exchange closing Friday down 1.50 percent. Markets reacted to the potential decline in demand for oil as Hurricane Irma was bearing down on The Florida Coast.

Market Summary

INDEXSETTLEMENT VALUEDAY NET CHANGEDAY % CHANGE Y-T-D NET CHANGEY-T-D % CHANGE
GovCon Index 101.346-0.297-0.762%+13.369+15.20%
S&P 5002,461.43-3.67-0.15%+209.86+9.32%
Dow Jones Industrial Average21,797.79+13.01+0.06%+1,924.93+9.69%
NASDAQ6,360.19-37.68-0.59%+934.57+17.23%
Advancing GovCon Index Issues14
Declining GovCon Index Issues 16
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 NAV Navistar Int’l 38.89+0.69+1.81%
 BAESY BAE Systems 32.20+0.43+1.35%
 TXT* Textron Inc.* 49.24+0.53+1.09%
 BA* Boeing* 238.78+2.47+1.05%
 MCK* McKesson Corp.* 156.94+1.10+0.71%

Top GovCon Index Daily Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 BA* Boeing* 238.78+2.47+1.05%
 NOC* Northrop Grumman* 267.45+1.58+0.59%
 MCK* McKesson Corp.* 156.94+1.10+0.71%
 GD* General Dynamics Corp.* 197.87+0.83+0.42%
 LMT* Lockheed Martin*303.14+0.79+0.26%

Top GovCon Index Daily Percentage Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
 SAIC SAIC61.06-13.60-18.22%
 KBR KBR17.41-0.63-3.49%
 VEC Vectrus28.04-0.59-2.06%

*Companies Included in S&P500 Index

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