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.
Radiance Technologies has elevated Darien Hammett to chief operating officer, placing him in charge of daily operations and execution across the company.…
latter’sRocket Lab announced Tuesday it has completed the acquisition of Mynaric, a laser-optical communications terminal provider, in a $155.3 million…
GreyNoise Intelligence has launched a command-and-control detection capability designed to give federal agencies earlier visibility into compromised infrastructure. GreyNoise’s new…
Textron Aviation Defense has been awarded a five-year, $150 million contract to provide sustaining engineering and program management, or SEPM, services…