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  • Friday, April 26, 2024

September 18th Morning Report: Friday Close – GovCon Index Moves Up and S&P500, DJIA Set New Highs


The Executive Mosaic GovCon Index (GCI) set a monthly high during the course of the week. Friday’s close saw the GCI moving up 0.782 percent to 102.302. Advancing shares outpaced declining 5 to 1.

The three major indices all closed Friday in the positive. The S&P500 broke the 2500 threshold reaching a new high, closing up 0.18 percent to 2,500.23, while the DJIA set a reached new heights gaining 0.29 percent to 22,268.34, and the NASDAQ Composite moved upward by 0.30 percent to close at 6,448.47.

Crude oil advanced for the sixth consecutive day ending the week with the biggest gains since late July. The Texas Gulf Coast is recovering from Hurricane Harvey and refining capacity is coming back online with only three Gulf Coast refineries remaining shut.

Market Summary

INDEXSETTLEMENT VALUEDAY NET CHANGEDAY % CHANGE Y-T-D NET CHANGEY-T-D % CHANGE
GovCon Index102.302+0.738+0.782% +14.325+16.28%
S&P 500 2,500.23+4.61+0.18% +248.66+11.04%
Dow Jones Industrial Average22,268.34+64.86+0.29% +2,395.48+12.05%
NASDAQ 6,448.47+19.38+0.30% +1,022.85+18.85%
Advancing GovCon Index Issues25
Declining GovCon Index Issues 5
Unchanged GovCon Index Issues0

Top GovCon Index Daily Percentage Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 SAIC SAIC 63.28+1.79+2.91%
 ICFI ICF49.20+1.35+2.82%
 BAH Booz Allen Hamilton35.25+0.80+2.32%
 HRS* Harris Corp.*126.87+2.62+2.11%
 KBR KBR17.80+0.31+1.77%

Top GovCon Index Daily Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 BA* Boeing* 249.00+3.77+1.54%
 HRS* Harris Corp.*126.87+2.62+2.11%
 HII Huntington Ingalls Industries212.41+2.26+1.08%
 SAIC SAIC 63.28+1.79+2.91%
 HON* Honeywell Int’l Inc.*138.95+1.74+1.27%

Top GovCon Index Daily Percentage Decliners

SymbolCompany$ Current PriceNet Change ▾% Change
 MANT ManTech Int’l39.69-0.76-1.88%
 MCK* McKesson Corp.* 149.88-1.80-1.19%
 GIB CGI Group 51.48-0.58-1.11%

*Companies Included in S&P500 Index

 

 

 

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