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  • Sunday, April 28, 2024

October 12 Morning Report: GovCon Index Records 2nd Straight Positive Week, Enters Earnings Season


GovConIndexUPThe GovCon Index closed 74.198 Friday, up up 0.425 points from Thursday’s close and the Federal Reserve‘s release of its September meeting minutes.

The record is the second straight positive week heading into earnings reports season, with Honeywell (NYSE: HON) slated to be the first GovCon Index company to release third quarter financial results Friday.

Executive Mosaic’s GovCon Index tracks 30 large, publicly-traded government contracting companies.

Top GovCon Index Gainers

Company$ Current Price$ Change% Change
Health Net62.58+1.57+2.57%
Orbital ATK78.78+1.90+2.47%
McKesson Corp.189.95+3.66+1.96%
Huntington Ingalls Industries113.51+2.04+1.83%
Engility Holdings29.73+0.52+1.78%

Market Summary

Advancing Issues17
Declining Issues13
Unchanged Issues0
IndexValueNet Change% Change
GovCon Index74.198+0.425+0.576%
S&P 5002, 014.89+1.46+0.07%
Dow Jones Industrial Average17, 084.49+33.74+0.20%
NASDAQ4, 830.47+19.68+0.41%

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