September 20th Market Close: GovConIndex Closes Up and Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) continued to post gains for the fourth consecutive day, reaching another new YTD record high. The CGI closed at 105.45 up 0.552 percent with advancing shares outpacing declining 3 to 1.

Markets showed little change on the day as the Fed delivered their message to shrink the balance sheet and forecast another interest rate hike by year-end. The three major indices closed mixed. The S&P500 reached new highs at 2,508.24 up 0.06 percent, while the DJIA gained 0.19 percent to a record 22,412.59, and the NASDAQ Composite pulled back slightly to close at 6,456.04, down 0.08 percent.

At today’s market close crude oil reversed yesterdays negative direction to break the $50 mark. WTI on the NY Mercantile Exchange closed up 1.64 percent to $50.29 per barrel.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index  105.45 +0.626 +0.552%   +17.473 +19.86%
S&P 500  2,508.24 +1.59 +0.06%   +256.67 +11.40%
Dow Jones Industrial Average 22,412.59 +41.79 +0.19%   +2,539.73 +12.78%
NASDAQ 6,456.04 -5.28 -0.08% +1,030.42 +18.99%
Advancing GovCon Index Issues 22
Declining GovCon Index Issues  8
Unchanged GovCon Index Issues  0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 MANT  ManTech Int’l 42.79 +1.32 +3.18%
 NAV  Navistar Int’l  40.86 +0.80 +2.00%
 MCK*  McKesson Corp.*  150.18 +1.81 +1.22%
 BA*  Boeing*  225.46 +3.00 +1.19%
 BAH  Booz Allen Hamilton  36.77 +0.43 +1.18%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 BA*  Boeing* 255.46 +3.00 +1.19%
 LMT*  Lockheed Martin* 307.90 +2.25 +0.74%
 MCK*  McKesson Corp.*  150.18 +1.81 +1.22%
 NOC*  Northrop Grumman*  280.04 +1.71 +0.61%
 RTN*  Raytheon*  184.80 +1.55 +0.85%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 EGL  Engility Holdings, Inc. 31.78 -0.21 -0.66%
 ICFI  ICF  50.95 -0.25 -0.49%
 COL  Rockwell Collins, Inc.  130.15 -0.42 -0.32%

*Companies Included in S&P500 Index

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