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January 4 Morning Report: GovCon Index Ends 2015 Down on Oil Price Declines

January 4 Morning Report: GovCon Index Ends 2015 Down on Oil Price Declines

    Author: Anna Forrester || Date Published: January 4, 2016


    GovConIndexDOWNThe GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis.

    Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude in London fell 3.18 percent to $36.59 a barrel.

    Both energy shares and material stocks fell in afternoon trade, CNBC reported.

    GovCon Index Gainers

    SymbolCompany$ Current PriceNet Change% Change
    CSRACSRA*29.85+0.26+0.88%
    CUBCubic Corp.47.76+0.23+0.48%
    LLLL-3 Communications*120.94+0.22+0.18%

    * Also listed in the S&P 500 index

    Market Summary

    Advancing Issues3
    Declining Issues26
    Unchanged Issues1
    IndexValueNet Change% Change
    GovCon Index77.761–0.621–0.792%
    S&P 5002, 063.36-15.00-0.72%
    Dow Jones Industrial Average17, 603.87-117.11-0.66%
    NASDAQ5, 065.85-42.09-0.82%

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