Author: David Smith|| Date Published: April 26, 2017
The Executive Mosaic GovCon Index moved opposite to market direction and closed up slightly to 93.084 or 0.290 percent. Advancers outpaced decliners 2 to 1.
U.S. markets reversed their significantly positive movement from the past two days to close slightly down. Investors reacted cautiously to President Trump’s new tax plan due to concerns about the impact on interest rates and the lack of details on the plan.
At market close WTI end the day down $0.30 to $49.26 per barrel as U.S. stockpiles continue to be strong.
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