October 23rd Morning Report: GovCon Index Up and Stocks Post Sixth Straight Weekly Gain

The Executive Mosaic GovCon Index (GCI) was up 0.603 points from Monday’s opening value to post a weekly gain of 0.55 percent to end Friday’s trading at 109.782.  Friday saw advancing shares outpacing declining 5 to 1.

The three major indices all closed Friday up reaching new highs and posting the sixth straight weekly gain as the Trump administration draws closer to passing a new tax plan . The S&P500 closed up 0.51 percent to 2,575.21, while the DJIA soared 165 points to close at 23,328.63 a positive 0.71 percent, and the NASDAQ Composite rebounded from yesterday lose to 6,629.05 up 0.36 percent.

WTI crude oil on the NY Mercantile Exchange closed up 0.72 percent to $51.66 per barrel.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 109.782 +0.974 +0.832%   +21.805 +24.78%
S&P 500  2,575.21 +13.11 +0.51%   +323.64 +14.37%
Dow Jones Industrial Average  23,328.36 +165.32 +0.71%   +3,455.50 +17.39%
NASDAQ 6,629.05 +23.99 +0.36%   +1,203.43 +22.18%
Advancing GovCon Index Issues  25
Declining GovCon Index Issues  5
Unchanged GovCon Index Issues  0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 NAV  Navistar Int’l  43.48  +1.90 +4.57%
 BA*  Boeing* 264.75  +5.71 +2.20%
 MMS  Maximus, Inc.  66.36  +1.04 +1.59%
 CSRA*  CSRA* 31.73  +0.48 +1.54%
 SAIC  SAIC  70.88  +1.04 +1.49%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 BA*  Boeing* 264.75 +5.71 +2.20%
 LMT*  Lockheed Martin*  320.00  +3.16 +1.00%
 GD*  General Dynamics Corp.*  213.86  +2.22 +1.05%
 NOC*  Northrop Grumman* 188.90  +1.95 +1.04%
 RTN*  Raytheon* 294.60  +1.95 +0.67%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 GIB  CGI Group  53.00  -0.60 -1.12%
 BAESY  BAE Systems  32.02  -0.12 -0.39%
 ICFI  ICF  54.25  -0.20 -0.37%

*Companies Included in S&P500 Index

You may also be interested in...

John Mengucci President and CEO CACI International

CACI Gets $87M DHS Data Analysis Task Order; John Mengucci Quoted

The Department of Homeland Security has awarded CACI International (NYSE: CACI) a five-year $86.5M task order to help DHS' investigative unit analyze data in efforts to combat fraud, crime, risk and terrorism.

DISA

DISA Pushes Back Defense Enclave Services RFP Release

The Defense Information Services Agency has pushed back the planned release of the final solicitation for the Defense Enclave Services information technology contract from late September to mid-late first quarter of fiscal year 2021.