September 11th Morning Report: Friday Close - GovCon Index and Markets All Down For The Week

The Executive Mosaic GovCon Index (GCI) ended Friday down .745 percent from Tuesday’s opening value. Friday saw the platform companies Navistar International, BAE Systems, Textron Inc., and Boeing all sharing the top four slots of the GCI, all posting in excess of 1.0 percent gains.

The short trading week saw the major indices all posting weekly losses. The S&P500 was down 0.24 percent for the week, while the DJIA was off 0.40 percent, and the NASDAQ Composite lost 0.67 percent.

Crude oil pulled back on the week with WTI on the NY Mercantile Exchange closing Friday down 1.50 percent. Markets reacted to the potential decline in demand for oil as Hurricane Irma was bearing down on The Florida Coast.

Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE	Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	101.346	-0.297	-0.762%	+13.369	+15.20%
S&P 500	2,461.43	-3.67	-0.15%	+209.86	+9.32%
Dow Jones Industrial Average	21,797.79	+13.01	+0.06%	+1,924.93	+9.69%
NASDAQ	6,360.19	-37.68	-0.59%	+934.57	+17.23%

Advancing GovCon Index Issues	14
Declining GovCon Index Issues	16
Unchanged GovCon Index Issues	0

Top GovCon Index Daily Percentage Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
NAV	Navistar Int’l	38.89	+0.69	+1.81%
BAESY	BAE Systems	32.20	+0.43	+1.35%
TXT*	Textron Inc.*	49.24	+0.53	+1.09%
BA*	Boeing*	238.78	+2.47	+1.05%
MCK*	McKesson Corp.*	156.94	+1.10	+0.71%

Top GovCon Index Daily Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
BA*	Boeing*	238.78	+2.47	+1.05%
NOC*	Northrop Grumman*	267.45	+1.58	+0.59%
MCK*	McKesson Corp.*	156.94	+1.10	+0.71%
GD*	General Dynamics Corp.*	197.87	+0.83	+0.42%
LMT*	Lockheed Martin*	303.14	+0.79	+0.26%