Executive Mosaic’s
GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent.
In spite of being up for most of the trading day the major indices all dropped for a loss in the last hour of trading. The S&P500, DJIA, and NASDAQ all reached a seven day low. The Fed’s announcement that they will be look to reduce the central bank’s balance and discussions of another interest rate increase spooked investors.
GovCon Index decliners outpaced advancers 5 to 1.
At market close WTI was down to $50.92 per barrel off 0.22 percent.
Market Summary
52.95
Index Value Net Change % Change GovCon Index 89.908 -0.773 -0.852% S&P 500 2,352.95 -7.21 -0.31% Dow Jones Industrial Average 20,648.15 -41.09 -0.20% NASDAQ 5,864.48 -34.13 -0.58%
Advancing GovCon Index Issues 5 Declining GovCon Index Issues 25 Unchanged GovCon Index Issues 0
Top GovCon Index Net Performers
Symbol Company $ Current Price Net Change –´ % Change NAV Navistar Intern. 24.66 +0.22 +0.90% ACM AECOM 35.01 +0.15 +0.43% CAE CAE 15.23 +0.06 +0.40% KBR KBR 14.52 +0.03 +0.21% CSRA CSRA * 27.97 +0.02 +0.07%
GovCon Index Decliners
Symbol Company $ Current Price Net Change –¾ % Change HII Huntington Ingalls 198.67 -3.39 -1.68% SAIC SAIC 72.70 -1.15 -1.56% CUB Cubic Corp. 49.10 -0.75 -1.50%
*Companies Included in S&P500 Index
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Executive Mosaic’s GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent.
