GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week.
While biotechnology stocks posted losses, energy shares saw a 6.6-percent climb in U.S. crude oil futures to $39.72 a barrel.
Four of the five largest U.S. government contractors will report first-quarter earnings in the last week of April, with Lockheed Martin Boeing Northrop Grumman Raytheon
Top GovCon Index Gainers
Symbol Company $ Current Price Net Change % Change BAESY BAE Systems 28.16 +0.61 +2.21% CAE CAE 11.29 +0.19 +1.71% NAV Navistar International 11.63 +0.16 +1.39% VEC Vectrus 22.15 +0.26 +1.19% GD General Dynamics* 132.91 +1.52 +1.16%
* Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues 21 Declining GovCon Index Issues 9 Unchanged GovCon Index Issues 0
Index Value Net Change % Change GovCon Index 74.227 +0.197 +0.266% S&P 500 2, 047.60 +5.69 +0.28% Dow Jones Industrial Average 17, 576.96 +35.00 +0.20% NASDAQ 4, 850.69 +2.32 +0.05%
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The GovCon Index closed Friday with a nominal gain of 0.197 points to 74.227, which gives the GCI a nominal 0.103-point decline from the previous week.
