Author: David Smith|| Date Published: August 8, 2017
The Executive Mosaic GovCon Index (GCI) reversed direction to close down 0.261 percent to 100.760 . Decliners outpaced advancers 19 to 11.
The major indices closed down for the day with the S&P500 off 0.24 percent, while DJIA moved slightly downward by 0.15 percent and the NASDAQ Composite was off 0.21 percent.
Crude oil closed down on the day. WTI on the NY Mercantile Exchange closed today at $49.11 per barrel, down 0.57 percent as the market still shows concerns about global over-supply.
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The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level…