September 27th Market Close: GovConIndex Reaches New High, as Major Indices Close Up

The Executive Mosaic GovCon Index (GCI) reached a new high closing up 0.805 percent to 107.295. Advancing shares outpaced declining 3 to 1.

The major indices moved upward on speculation that President Trump’s tax-cut plan could become a reality by year end. The S&P500 closed up 0.41 percent to 2,507.04, while the DJIA also closed up 0.25 percent to 22,340.71, and the NASDAQ Composite advanced 1.15 percent to 6,453.26.

Crude oil spent most of the day in the positive ending the day up. WTI on the NY Mercantile Exchange closed at $52.09 per barrel up 0.40.

Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE	Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	107.295	+0.634	+0.805%	+19.318	+21.96%
S&P 500	2,507.04	+10.20	+0.41%	+255.47	+11.35%
Dow Jones Industrial Average	22,340.71	+56.39	+0.25%	+2,467.85	+12.42%
NASDAQ	6,453.26	+73.10	+1.15%	+1,027.64	+18.94%

Advancing GovCon Index Issues	23
Declining GovCon Index Issues	7
Unchanged GovCon Index Issues	0

Top GovCon Index Daily Percentage Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
NAV	Navistar Int’l	43.75	+1.55	+3.67%
CACI	CACI Int’l, Inc.	141.30	+3.55	+2.58%
MANT	ManTech Int’l	43.69	+0.90	+2.10%
CUB	Cubic Corp.	51.95	+1.00	+1.96%
CAE	CAE	17.25	+0.30	+1.77%

Top GovCon Index Daily Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
CACI	CACI Int’l, Inc.	141.30	+3.55	+2.58%
NOC*	Northrop Grumman*	286.84	+2.10	+0.74%
BA*	Boeing*	255.28	+1.58	+0.62%
NAV	Navistar Int’l	43.75	+1.55	+3.67%
GD*	General Dynamics Corp.*	206.80	+1.47	+0.72%