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April 24 Market Close: GovCon Index and Markets Surge On French Election Results

April 24 Market Close: GovCon Index and Markets Surge On French Election Results

    Author: David Smith || Date Published: April 24, 2017


    April 24 Market Close: GovCon Index and Markets Surge On French Election ResultsThe Executive Mosaic GovCon Index followed advancing global markets to close at a 30 day high of 91.881, up 1.437 percent.

    Global markets surged with major U.S. indices up over 1.0 percent  on French election results. There are strong indication that Emmanuel Macron (a centrist) will win the June runoff against Marine Le Pen, easing concerns that France will exit the European Union.

    At market close WTI retreated $0.39 to $49.23 per barrel as U.S. rig count and oil production increase.

    Today Market Summary

    IndexValueNet Change% Change
    GovCon Index91.881+1.316+1.437%
    S&P 5002,374.15+25.46+1.08%
    Dow Jones Industrial Average20,763.89+216.13+1.05%
    NASDAQ5,983.82+73.30+1.24%
    Advancing GovCon Index Issues30
    Declining GovCon Index Issues0
    Unchanged GovCon Index Issues0

    Top GovCon Index Net Performers

    SymbolCompany$ Current PriceNet Change –´% Change
    HIIHuntington Ingalls203.72+4.09+2.05%
    CACICACI Intern.119.50+3.50+3.02%
    LMTLockheed Martin *276.21+3.12+1.14%
    GDGeneral Dynamics *191.91+2.97+1.57%
    NOCNorthrop Grumman *249.14+2.81+1.14%

    Top GovCon Index Percentage Performers

    SymbolCompany$ Current PriceNet Change –´% Change
    NAVNavistar Intern.25.62+1.46+6.04%
    EGLEngility Holdings29.12+0.95+3.37%
    CACICACI Intern.119.50+3.50+3.02%
    SAICSAIC74.22+1.91+2.64%
    ACMAECOM34.27+0.86+2.57%

    *Companies Included in S&P500 Index

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