Author: Ross Wilkers|| Date Published: January 5, 2016
The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801.
The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again to a gain of almost 1 percent between 2 p.m. and 3 p.m. Eastern before a sharp move down to end with a nominal gain at the closing bell.
U.S. investors continued to weigh concern over economic growth prospects in China and the potential of disinflation in Europe in light of the Federal Reserve‘s mid-December move to raise interest rates, Bloomberg reported.
Crude oil futures in New York declined 2.5 percent to $35.86 a barrel on speculation the U.S. government will report an increase in the country’s inventory, according to Bloomberg.
Aerospace and defense technology company Merlin has closed its business combination with Inflection Point Acquisition Corp. IV, a special purpose acquisition company…
Raytheon, an RTX business, has received a potential $212.1 million cost-plus-fixed-fee contract to provide operations and maintenance services for a relocatable over-the-horizon…
Jim Kelly, senior systems engineering manager at HPE Juniper Networking, said agentic artificial intelligence could help government agencies move toward…
AeroVironment has acquired Empirical Systems Aerospace, or ESAero, a producer of unmanned aircraft systems and advanced air mobility platforms, or AAM,…
The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801.
