October 23rd Morning Report: GovCon Index Up and Stocks Post Sixth Straight Weekly Gain

The Executive Mosaic GovCon Index (GCI) was up 0.603 points from Monday’s opening value to post a weekly gain of 0.55 percent to end Friday’s trading at 109.782. Friday saw advancing shares outpacing declining 5 to 1.

The three major indices all closed Friday up reaching new highs and posting the sixth straight weekly gain as the Trump administration draws closer to passing a new tax plan . The S&P500 closed up 0.51 percent to 2,575.21, while the DJIA soared 165 points to close at 23,328.63 a positive 0.71 percent, and the NASDAQ Composite rebounded from yesterday lose to 6,629.05 up 0.36 percent.

WTI crude oil on the NY Mercantile Exchange closed up 0.72 percent to $51.66 per barrel.

Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE	Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	109.782	+0.974	+0.832%	+21.805	+24.78%
S&P 500	2,575.21	+13.11	+0.51%	+323.64	+14.37%
Dow Jones Industrial Average	23,328.36	+165.32	+0.71%	+3,455.50	+17.39%
NASDAQ	6,629.05	+23.99	+0.36%	+1,203.43	+22.18%

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
NAV	Navistar Int’l	43.48	+1.90	+4.57%
BA*	Boeing*	264.75	+5.71	+2.20%
MMS	Maximus, Inc.	66.36	+1.04	+1.59%
CSRA*	CSRA*	31.73	+0.48	+1.54%
SAIC	SAIC	70.88	+1.04	+1.49%

Top GovCon Index Daily Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
BA*	Boeing*	264.75	+5.71	+2.20%
LMT*	Lockheed Martin*	320.00	+3.16	+1.00%
GD*	General Dynamics Corp.*	213.86	+2.22	+1.05%
NOC*	Northrop Grumman*	188.90	+1.95	+1.04%
RTN*	Raytheon*	294.60	+1.95	+0.67%