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  • Monday, May 6, 2024

September 18th Morning Report: Friday Close – GovCon Index Moves Up and S&P500, DJIA Set New Highs


The Executive Mosaic GovCon Index (GCI) set a monthly high during the course of the week. Friday’s close saw the GCI moving up 0.782 percent to 102.302. Advancing shares outpaced declining 5 to 1.

The three major indices all closed Friday in the positive. The S&P500 broke the 2500 threshold reaching a new high, closing up 0.18 percent to 2,500.23, while the DJIA set a reached new heights gaining 0.29 percent to 22,268.34, and the NASDAQ Composite moved upward by 0.30 percent to close at 6,448.47.

Crude oil advanced for the sixth consecutive day ending the week with the biggest gains since late July. The Texas Gulf Coast is recovering from Hurricane Harvey and refining capacity is coming back online with only three Gulf Coast refineries remaining shut.

Market Summary

INDEX SETTLEMENT VALUE DAY NET CHANGE DAY % CHANGE   Y-T-D NET CHANGE Y-T-D % CHANGE
GovCon Index 102.302 +0.738 +0.782%   +14.325 +16.28%
S&P 500  2,500.23 +4.61 +0.18%   +248.66 +11.04%
Dow Jones Industrial Average 22,268.34 +64.86 +0.29%   +2,395.48 +12.05%
NASDAQ  6,448.47 +19.38 +0.30%   +1,022.85 +18.85%
Advancing GovCon Index Issues 25
Declining GovCon Index Issues  5
Unchanged GovCon Index Issues 0

Top GovCon Index Daily Percentage Performers

Symbol Company $ Current Price Net Change ▴ % Change
 SAIC  SAIC  63.28 +1.79 +2.91%
 ICFI  ICF 49.20 +1.35 +2.82%
 BAH  Booz Allen Hamilton 35.25 +0.80 +2.32%
 HRS*  Harris Corp.* 126.87 +2.62 +2.11%
 KBR  KBR 17.80 +0.31 +1.77%

Top GovCon Index Daily Net Performers

Symbol Company $ Current Price Net Change ▴ % Change
 BA*  Boeing*  249.00 +3.77 +1.54%
 HRS*  Harris Corp.* 126.87 +2.62 +2.11%
 HII  Huntington Ingalls Industries 212.41 +2.26 +1.08%
 SAIC  SAIC  63.28 +1.79 +2.91%
 HON*  Honeywell Int’l Inc.* 138.95 +1.74 +1.27%

Top GovCon Index Daily Percentage Decliners

Symbol Company $ Current Price Net Change ▾ % Change
 MANT  ManTech Int’l 39.69 -0.76 -1.88%
 MCK*  McKesson Corp.*  149.88 -1.80 -1.19%
 GIB  CGI Group  51.48 -0.58 -1.11%

*Companies Included in S&P500 Index

 

 

 

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