July 17th Market Close: GovConIndex Closes Down While Major Indices Close Mixed

The Executive Mosaic GovCon Index (GCI) reversed it’s positive direction from last week to close down 0.308 percent to 97.774. Decliners outpaced advancers 2 to 1.

After last weeks record highs the major indices had minor changes on the day closing mixed with the S&P500 and DJIA down and the NASDAQ Composite up. The markets await quarterly earnings reports to determine market positions.

Crude oil closed down with WTI on the NY Mercantile Exchange settling at $45.99 per barrel off 1.18 percent. The markets are questioning if OPEC production cuts are having any impact on global markets.

Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE	Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	97.774	-0.197	-0.308%	+9.797	+11.14%
S&P 500	2,459.16	-0.11	-0.00%	+207.59	+9.22%
Dow Jones Industrial Average	21,631.44	-6.30	-0.03%	+1,758.58	+8.85%
NASDAQ	6,314.43	+1.97	+0.03%	+888.81	+16.38%

Advancing GovCon Index Issues	10
Declining GovCon Index Issues	20
Unchanged GovCon Index Issues	0

Top GovCon Index Daily Percentage Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
KBR	KBR	15.40	+0.19	+1.25%
MCK*	McKesson Corp.*	168.12	+0.62	+0.37%
CUB	Cubic Corp.	47.50	+0.15	+0.32%
BA*	Boeing*	209.00	+0.49	+0.24%
CSRA*	CSRA*	32.89	+0.07	+0.21%

Top GovCon Index Daily Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
MCK*	McKesson Corp.*	168.12	+0.62	+0.37%
BA*	Boeing*	209.00	+0.49	+0.24%
LMT*	Lockheed Martin*	288.49	+0.36	+0.12%
CACI	CACI Int’l	128.55	+0.25	+0.19%
KBR	KBR	15.40	+0.19	+1.25%