May 5 Market Close: GovCon Index and Markets up on Robust April Jobs Report

The Executive Mosaic GovCon Index ended up 0.915 percent on the day and up 1.40 percent on the week to close at 93.666, as advancers outpaced decliners 5 to 1. ICF was at the top of the leader board with a 6.29 percent increase in share value driven by a robust first quarter earnings report.

The major markets closed up on strong April employment numbers. The NASDAQ broke through the 6,100 mark to set a new high at 6,100.76. The week proved to be positive for the Trump administration with the House passing the new Health care bill. The strong April jobs report seemed to ease some investors fears of a weak economy.

At market close WTI rebounded $0.86 to 46.38 as global producers indicate that current agreed production cuts could extend past the June deadline, alleviating some concerns about oversupply.

Today Market Summary

Index	Value	Net Change	% Change
GovCon Index	93.666	+0.849	+0.915%
S&P 500	2,399.27	+9.77	+o.41%
Dow Jones Industrial Average	21,006.94	+55.47	+0.26%
NASDAQ	6,100.76	+25.42	+0.42%

Advancing GovCon Index Issues	25
Declining GovCon Index Issues	5
Unchanged GovCon Index Issues	0

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
ICFI	ICF	48.15	+2.85	+6.29%
HII	Huntington Ingalls	195.50	+7.29	+3.87%
NAV	Navistar Intern.	26.37	+0.82	+3.21%
BAESY	BAE Systems	33.84	+0.83	+2.53%
CAE	CAE	15.92	+0.30	+1.92%

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
HII	Huntington Ingalls	195.50	+7.29	+3.87%
NOC	Northrop Grumman *	248.91	+3.16	+1.29%
ICF	ICF	48.15	+2.85	+6.29%
LMT	Lockheed Martin *	273.03	+2.52	+0.93%
BA	Boeing *	185.01	+1.94	+1.06%