April 5 Market Close: GovCon Index Down, and Major Indices Drop to 7 Day Low

April 5 Market Close: GovCon Index Down, and Major Indices Drop to 7 Day Low


Executive Mosaic’s GovCon Index reaches new 30 day low to close at 89.908 down 0.852 percent.

In spite of being up for most of the trading day the major indices all dropped for a loss in the last hour of trading. The S&P500, DJIA, and NASDAQ all reached a seven day low. The Fed’s announcement that they will be look to reduce the central bank’s balance and discussions of another interest rate increase spooked investors.

GovCon Index decliners outpaced advancers 5 to 1.

At market close WTI was down to $50.92 per barrel off 0.22 percent.

Market Summary

52.95

IndexValueNet Change% Change
GovCon Index89.908-0.773-0.852%
S&P 5002,352.95-7.21-0.31%
Dow Jones Industrial Average20,648.15-41.09-0.20%
NASDAQ5,864.48-34.13-0.58%
Advancing GovCon Index Issues5
Declining GovCon Index Issues25
Unchanged GovCon Index Issues0

Top GovCon Index Net Performers

SymbolCompany$ Current PriceNet Change –´% Change
NAVNavistar Intern.24.66+0.22+0.90%
ACMAECOM35.01+0.15+0.43%
CAECAE15.23+0.06+0.40%
KBRKBR14.52+0.03+0.21%
CSRACSRA  *27.97+0.02+0.07%

GovCon Index Decliners

SymbolCompany$ Current PriceNet Change –¾% Change
HIIHuntington Ingalls198.67-3.39-1.68%
SAICSAIC72.70-1.15-1.56%
CUBCubic Corp.49.10-0.75-1.50%

*Companies Included in S&P500 Index

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