October 27th Market Close: GovConIndex Closes Down as S&P500 and NASDAQ Composite Set New Highs

The Executive Mosaic GovCon Index (GCI) continued to drop for the fifth consecutive day to close at 108.162 off 0.03 percent with the McKesson Corp. down 5.52 percent on the day. Advancing shares outpaced declining 2 to 1.

The three major indices all advanced for the day with the S&P500 and NASDAQ Composite reaching new highs. The S&P500 closed up 0.81 percent to 2,581.07, while the DJIA closed at 23,434.19 a positive 0.14 percent and the NASDAQ Composite surged 144.49 points to 6,701.26 up 2.20 percent as technology stocks posted significant gains.

WTI crude oil on the NY Mercantile Exchange took a positive jump to $53.97 per barrel up 2.50 percent.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 108.162 -0.159 -0.03% +20.185 +22.94%
S&P 500 2,581.07 +20.67 +0.81%   +329.50 +14.63%
Dow Jones Industrial Average  23,434.19 +33.33 +0.14%   +3,561.33 +17.92%
NASDAQ  6,701.26 +144.49 +2.20%   +1,275.64 +23.51%
Advancing GovCon Index Issues  20
Declining GovCon Index Issues  10
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 LLL*  L3 Technologies*  189.10  +3.65 +1.97%
 CAE  CAE  17.61  +0.31 +1.79%
 EGL  Engility Holdings, Inc.  33.60  +0.45 +1.36%
 HII  Huntington Ingalls Industries 233.46  +1.64 +0.71%
 BAESY  BAE Systems 31.60  +0.20 +0.65%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 LLL*  L3 Technologies* 189.10  +3.65 +1.97%
 HII  Huntington Ingalls Industries  233.46  +1.64 +0.71%
 GD*  General Dynamics Corp.* 204.99  +1.08 +0.53%
 HRS*  Harris Corp.*  136.53  +0.67 +0.49%
 EGL  Engility Holdings, Inc.  33.60  +0.45 +1.36%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 MCK*  McKesson Corp.* 135.62  -7.92 -5.52%
 TXT*  Textron Inc.*  53.03  -0.73 -1.36%
 CUB  Cubic Corp.  54.20  -0.65 -1.19%

*Companies Included in S&P500 Index

Check Also

Savannah River Site

DOE Issues RFI for Savannah River Site Nuclear Cleanup Effort

The Department of Energy is looking for potential sources of environmental remediation services at the Savannah River Site in South Carolina to support the National Nuclear Security Administration's site cleanup and modernization programs. 

Alain Bellemare Operating Executive Carlyle

Alain Bellemare Named Operating Executive for Carlyle’s Global Aerospace, Defense, Gov’t Services

Alain Bellemare, an aerospace industry veteran, has been appointed an operating executive within the global aerospace, defense and government services group at The Carlyle Group (Nasdaq: CG).