August 10th Market Close: GovConIndex and Major Indices All Close Down

The Executive Mosaic GovCon Index (GCI) followed the markets downward closing at 100.168 off 0.706 percent. Declining shares outpaced advancers 3 to 1.

The major indices responded to heightened geopolitical tensions between the U.S. and North Korea to close down significantly. The S&P500 was off 1.45 percent while DJIA moved downward by 0.93 percent, and the NASDAQ Composite dropped by 2.13 percent.

Crude oil closed downward. The good news about U.S. inventories shrinking was over shadowed by the rise Libya’s production which pushed OPEC’s output to a yearly high. WTI on the NY Mercantile Exchange closed down by 2.30 percent to $48.42 per barrel.

Market Summary

INDEX	SETTLEMENT VALUE	DAY NET CHANGE	DAY % CHANGE	Y-T-D NET CHANGE	Y-T-D % CHANGE
GovCon Index	100.168	-0.673	-0.707%	+12.191	+13.86%
S&P 500	2,438.21	-35.81	-1.45%	+186.64	+8.29%
Dow Jones Industrial Average	21,844.01	-204.69	-0.93%	+1,971.15	+9.92%
NASDAQ	6,216.87	-135.46	-2.13%	+791.25	+14.58%

Advancing GovCon Index Issues	8
Declining GovCon Index Issues	22
Unchanged GovCon Index Issues	0

Top GovCon Index Daily Percentage Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
CUB	Cubic Corp.	42.35	+2.15	+5.35%
VEC	Vectrus	26.59	+0.82	+3.18%
BAH	Booz Allen Hamilton	32.67	+0.54	+1.68%
LLL*	L3 Technologies*	183.29	+1.56	+0.86%
LDOS	Leidos Holdings, Inc.	56.47	+0.29	+0.52%