Author: Ross Wilkers|| Date Published: January 5, 2016
The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session to close at a gain of 1.259 percent to 76.801.
The S&P 500 composite index turned negative in the early afternoon session from a volatile morning period then swung again to a gain of almost 1 percent between 2 p.m. and 3 p.m. Eastern before a sharp move down to end with a nominal gain at the closing bell.
U.S. investors continued to weigh concern over economic growth prospects in China and the potential of disinflation in Europe in light of the Federal Reserve‘s mid-December move to raise interest rates, Bloomberg reported.
Crude oil futures in New York declined 2.5 percent to $35.86 a barrel on speculation the U.S. government will report an increase in the country’s inventory, according to Bloomberg.
The Department of State has awarded spots on a multiple-award indefinite-delivery/indefinite-quantity contract with a combined potential value of $10 billion…
Brian Hobbs has been appointed CEO of Clarity Innovations, effective March 2, the company announced Tuesday. He succeeds founder and long-serving CEO Wes…
The Federal Aviation Administration has awarded a potential five-year, $437.4 million contract to ASRC Federal Advanced Research to provide second-level…