April 10 Morning Report: GovCon Index Closes Friday and the Week in the Positive

The Executive Mosaic GovCon Index ended Friday up 0.578 percent to 90.822 for the day and closed at a weekly high. Both defense contractors and crude oil futures fared well after the U.S. action against Syria.

On Friday GovCon Index advancing companies outpaced decliners 4 to 1.

Major market indices reacted minimally to Friday’s release of the March jobs report. The report delivered mixed news with 98,000 jobs added in the month of March, well below expectations. Contrary however the jobless rate fell from 4.7 to 4.5 percent with 472,000 more Americans finding jobs during the month.

WTI rose on Friday for the second consecutive day to close at $52.24 up $0.54 per barrel. Oil closed up for the week $1.96 or 3.9 percent.

Today Market Summary

Index	Value	Net Change	% Change
GovCon Index	90.822	+0.522	+0.578
S&P 500	2,355.54	-1.91	-0.08%
Dow Jones Industrial Average	20,656.17	-6.78	-0.03%
NASDAQ	5,877.81	-1.14	-0.02%

Advancing GovCon Index Issues	23
Declining GovCon Index Issues	6
Unchanged GovCon Index Issues	1

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
HII	Huntington Ingalls	203.80	+3.36	+1.68%
LMT	Lockheed Martin *	270.23	+3.12	+1.17%
LLL	L3 Technologies *	165.80	+2.90	+1.78%
OA	Orbital ATK	98.59	+2.34	+2.43%
RTN	Raytheon *	152.96	+2.21	+1.47%

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change –´
OA	Orbital ATK	98.59	+2.34	+2.43%
LLL	L3 Technologies *	165.80	+2.90	+1.78%
HII	Huntington Ingalls	203.80	+3.36	+1.68%
BAESY	BAE Systems	32.21	+0.48	+1.51%
RTN	Raytheon *	152.96	+2.21	+1.47%