September 19 Morning Report: GovCon Index Posts Friday, Weekly Drop Ahead of Fed Reserve Meeting

Executive Mosaic’s GovCon Index closed in the negative Friday with a 0.953-percent or 0.760-point drop to 78.957.

The Index also recorded a weekly decline ahead of the Federal Reserve‘s two-day meeting on Sept. 20 and 21.

All of GCI’s S&P 500 stocks posted losses in Friday’s session while four registered gains for the week, with Honeywell International (NYSE: HON) as the best percentage performer over five days and Science Applications International Corp. (NYSE: SAIC) as the top net gainer Friday.

Market Summary

Index	Value	Net Change	% Change
GovCon Index	78.957	-0.760	-0.953%
S&P 500	2, 139.16	-8.10	-0.38%
Dow Jones Industrial Average	18, 123.80	-88.68	-0.49%
NASDAQ	5, 244.57	-5.12	-0.10%

Advancing GovCon Index Issues	4
Declining GovCon Index Issues	26
Unchanged GovCon Index Issues	0

Lowest GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change –¾	% Change
HII	Huntington Ingalls Industries	156.36	-3.53	-2.21%
MCK	McKesson Corp.*	166.16	-2.81	-1.66%
LMT	Lockheed Martin*	237.45	-1.64	-0.69%
OA	Orbital ATK	72.48	-1.45	-1.96%
GD	General Dynamics*	150.75	-1.41	-0.93%

Lowest GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change –¾
BAESY	BAE Systems	28.05	-1.10	-3.77%
VEC	Vectrus	27.03	-0.64	-2.31%
HII	Huntington Ingalls Industries	156.36	-3.53	-2.21%
OA	Orbital ATK	72.48	-1.45	-1.96%
BAH	Booz Allen Hamilton	29.66	-0.52	-1.72%