March 16 Market Close: GovCon Index Down, With Mixed Market Closings

Executive Mosaic’s GovCon Index closed down on the day as markets were mixed.

After the Federal Reserve raised rates by one quarter point yesterday the markets responded with modest losses on the S&P500 and DJIA and a nominal gain on the NASDAQ. Treasury yields moved higher and the dollar lower.

GovCon Index declines outpaced advances by 2 to 1 with Vectrus (NYSE: VEC) up 3.53 percent and Cubic Corp. (NYSE: CUB) up 1.92 percent, leading the positive shares. .

WTI headed negative today after a positive move yesterday. Crude Oil closed at $48.79 per barrel down 0.14 percent.

Market Summary

Index	Value	Net Change	% Change
GovCon Index	93.104	-0.490	-0.524%
S&P 500	2,381.38	-3.88	-0.16%
Dow Jones Industrial Average	20,934.55	-15.56	-0.07%
NASDAQ	5,900.76	+0.71	+0.01%

Advancing GovCon Index Issues	9
Declining GovCon Index Issues	21
Unchanged GovCon Index Issues	0

Top GovCon Index Net Performers

Symbol	Company	$ Current Price	Net Change –´	% Change
CUB	Cubic Corp.	53.15	+1.00	+1.92%
VEC	Vectrus	22.89	+0.78	+3.53%
MCK	McKesson Corp. *	148.83	+0.57	+0.38%
COL	Rockwell Collins	98.31	+0.42	+0.43%
EGL	Engility Holdings	30.42	+0.30	+1.00%

Top GovCon Index Percentage Performers

Symbol	Company	$ Current Price	Net Change	% Change –´
VEC	Vectrus	22.89	+0.78	+3.35%
CUB	Cubic Corp.	53.15	+1.00	+1.92%
EGL	Engility Holdings	30.42	+0.30	+1.00%
BAESY	BAE Systems	32.20	+0.24	+0.75%
NAV	Navistar Intern.	27.46	+0.14	+0.51%