The
GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets.
The GCI opened up nearly a half-percent in the first 45 minutes with the S&P 500 composite index at a 0.4-percent gain then as investors initially reacted to positive movement in European markets before the late afternoon decline.
Material and financial stocks were the biggest S&P 500 gainers and offset by declines in biotechnology, telecommunications and healthcare shares.
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change NAV Navistar International 12.02 +0.39 +3.35% CSRA CSRA* 26.19 +0.51 +1.99% ACM AECOM 29.77 +0.21 +0.71% CAE CAE 11.35 +0.06 +0.53% GIB CGI Group 47.99 +0.24 +0.50%
* Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 14 Declining GovCon Index Issues 16 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 74.005 -0.222 -0.299% S&P 500 2, 041.99 -5.61 -0.27% Dow Jones Industrial Average 17, 556.41 -20.55 -0.12% NASDAQ 4, 833.40 -17.29 -0.36%
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The GovCon Index mirrored the larger U.S. stock indices’ reversal into negative territory in the last hour of trade Monday and closed at a loss of 0.222 points to 74.005 with no clear driver of news on activity in markets.
