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  • Saturday, May 18, 2024

July 7th Market Close: GovConIndex Reaches 30 Day High As Major Indices Close Up


All market reversed their downward direction from yesterday and closed up strongly today.

The Executive Mosaic GovCon Index (GCI) reached a 30 day high to close at 96.626 up 1.33 percent with twenty eight of the thirty stocks that make up the index closing positive.

All the major indices reversed yesterdays downward direction closing up today with a strong performance. The June Jobs Report posting 220,00 new jobs and the jobless rate dropping to 4.40 percent bolstered investors confidence in the U.S. economy.

WTI crude oil closed down for the day. WTI on the NY Mercantile Exchange trended downward for the trading day settling at $44.36 per barrel down 2.55 per cent as reported U.S. drilling increased.

Market Summary

INDEXSETTLEMENT VALUEDAY NET CHANGEDAY % CHANGE Y-T-D NET CHANGEY-T-D % CHANGE
GovCon Index96.626+1.231+1.332%+8.649+9.83%
S&P 5002,425.16+15.41+0.64% +173.59+7.71%
Dow Jones Industrial Average21,413.25+93.21+0.44% +1,540.39+7.75%
NASDAQ6,153.08+63.61+1.04% +727.46+13.41%
Advancing GovCon Index Issues 28
Declining GovCon Index Issues2
Unchanged GovCon Index Issues0

Top GovCon Index Daily Percentage Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 EGL Engility Holdings, Inc. 29.31+1.12+3.97%
 CACI CACI Int’l127.40+3.19+2.57%
 CUB Cubic Corporation47.10+1.10+2.39%
 BAH Booz Allen Hamilton33.75+0.78+2.37%
 HRS* Harris Corp.* 112.81+2.53+2.29%

Top GovCon Index Daily Net Performers

SymbolCompany$ Current PriceNet Change ▴% Change
 LMT* Lockheed Martin* 285.20+4.24+1.51%
 CACI CACI Int’l127.40+3.19+2.57%
 NOC* Northrop Grumman*261.99+3.05+1.18%
 HRS* Harris Corp* 112.81+2.53+2.29%
 LLL* L3 Technologies* 171.51+2.45+1.45%

*Companies Included in S&P500 Index

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