April 20 Market Close: GovCon Index and Markets Surge On Speculation of Tax Cuts

April 20 Market Close: GovCon Index and Markets Surge On Speculation of Tax Cuts


The Executive Mosaic GovCon Index closed up almost a full percentage point with advancing stocks 29 to 1 versus decliners.

U.S. markets surged as the Treasury Secretary comments gave support that the Trump administration would cut taxes soon.

At market close WTI was up $0.18 to $50.26 per barrel as traders speculate that oil supply in the second quarter will tighten. 

 

Today Market Summary

IndexValueNet Change% Change
GovCon Index91.428+0.851+0.904%
S&P 5002,355.84+17.67+0.76%
Dow Jones Industrial Average20,578.71+174.22+0.85%
NASDAQ5,916.78+53.74+0.92%
Advancing GovCon Index Issues29
Declining GovCon Index Issues1
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change –´% Change
LMTLockheed Martin *272.23+2.60+0.96%
CACICACI Intern.117,40+2.10+1.82%
LLLL-3 Technologies *168.29+1.70+1.02%
COLRockwell Collins99.62+1.58+1.61%
MCKMcKesson Corp.137.67+1.58+1.16%

Top GovCon Index Percentage Performers

SymbolCompany$ Current PriceNet Change –´% Change
NAVNavistar Intern.25.48+1.57+6.54%
ICFIICF44.20+1.05+2.43%
VECVectrus24.42+0.53+2.22%
LDOSLeidos Holdings52.68+0.94+1.82%
CACICACI Intern.117.40+2.10+1.82%

*Companies Included in S&P500 Index

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