September 8th Market Close: GovConIndex Closes Down as Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed its positive direction yesterday to close down 0.762 percent to 101.346. Advancing and declining shares closed evenly on the day. The platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all shared the top slots of the GCI, all posting in excess of 1.0 percent gains.

The major indices closed mixed with minor change as the S&P500 down 0.15 percent to 2,461.43, while the DJIA gained a modest 0.06 percent to 21,797.79, and the NASDAQ Composite lost 0.59 percent to close at 6,360.19.

Crude oil pulled back today as WTI on the NY Mercantile Exchange closed down 3.12 percent to $47.56 per barrel. Markets reacted to the potential decline in demand for oil as Hurricane Irma bears down on The Florida Coast.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index  101.346 -0.297 -0.762% +13.369 +15.20%
S&P 500 2,461.43 -3.67 -0.15% +209.86 +9.32%
Dow Jones Industrial Average 21,797.79 +13.01 +0.06%   +1,924.93 +9.69%
NASDAQ 6,360.19 -37.68 -0.59% +934.57 +17.23%
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
 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

Symbol Company $ Current Price Net 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

Symbol Company $ Current Price Net Change ▾ % Change
 SAIC  SAIC 61.06 -13.60 -18.22%
 KBR  KBR 17.41 -0.63 -3.49%
 VEC  Vectrus 28.04 -0.59 -2.06%

*Companies Included in S&P500 Index

Check Also

health care

Aptive-HTG JV Wins $121M in VA Health System Modernization Task Orders

A joint venture between Aptive Resources and Enterprise Resource Performance Inc. has won two task orders worth $121M combined to provide systems integration and operational support for the Department of Veterans Affairs’ healthcare networks.

IMAP mission

SpaceX to Help Launch NASA’s Heliosphere Exploration Spacecraft Under $109M Contract

SpaceX will provide launch services under a potential $109.4M contract for a NASA-funded mission that seeks to further study the heliosphere’s boundary that produces a magnetic barrier protecting the solar system. NASA said Saturday its Interstellar Mapping and Acceleration Probe mission will examine the neutral particles that pass through the barrier and study how particles become faster in space.