February 8 Morning Report: GovCon Index Returns to Correction; Jobs Report Boosts US Dollar

The GovCon Index closed Friday with a loss of 1.349 percent to 70.204 to go back to correction.

The Index also posted a 2.15-percent weekly decline on continued U.S. market volatility and mixed earnings reports from some listed government services companies.

Bloomberg reported that the U.S. dollar strengthened after a report from the Labor Department indicating 151, 000 jobs generated in January for nonfarm payrolls and an eight-year low of 4.9 percent in the unemployment rate.

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*Also listed in the S&P 500 composite index

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