March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets Up

March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets Up


March 13 Morning Report: Positive February Jobs Data Move GovCon Index and Markets UpExecutive Mosaic’s GovCon Index followed markets to close up Friday after the release of strong February employment figures.

The Labor Department™s monthly report showed employers added an above-forecast 235,000 positions in February, with the jobless rate dropping to 4.7 percent. Other strong indicators from the February report were a pickup in wage growth and the share of prime-age Americans in the labor force — all pointing to the high probability of a Fed rate increase at this week’s meeting.

WTI crude remains below the $50 mark closing at $48.39 per barrel off the weekly high of $53.62.

Market Summary

IndexValueNet Change% Change
GovCon Index92.870+0.072+0.078%
S&P 5002,371.25+6.38+0.27%
Dow Jones Industrial Average20,903.19+45.00+0.22%
NASDAQ5,861.73+22.92+0.39%
Advancing GovCon Index Issues22
Declining GovCon Index Issues8
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change –´% Change
HRSHarriss Corp. *110.62+1.16+1.06%
ACMAECOM36.07+0.96+2.37%
HONHoneywell*127.04+0.85+0.67%
VECVectrus22.36+0.65+2.99%
GIBCGI Group47.21+0.62+1.33%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change% Change –´
VECVectrus22.36+0.65+2.99%
ACMAECOM36.07+0.96+2.73%
NAVNavistar Intern.26.00+0.39+1.52%
EGLEngility Holdings28.87+0.43+1.51%
MANTManTech Intern.35.82+0.49+1.39%

GovCon Index Decliners

SymbolCompany$ Current PriceNet Change –¾% Change
HIIHuntington Ingalls211.70-2.00-0.94%
BABoeing*178.70-1.87-1.04%
MCKMcKesson Corp.*147.67-1.80-1.20%

*Companies Included in S&P500 Index

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