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March 17 Market Close: GovCon Index Up On Strong Economic Data

March 17 Market Close: GovCon Index Up On Strong Economic Data

    Author: David Smith || Date Published: March 17, 2016


    GovConIndexUPThe GovCon Index continued on a steady upward trend to close at 74.289, up 0.408%.

    The Index rode the market up as WTI broke the $40/barrel mark and on positive economic news from the Federal Reserve agreeing to hold interest rate firm, at least for the time being.

    According to Bloomberg, stocks are finally in the positive for the year.

    Top GovCon Index Gainers

    SymbolCompany$ Current PriceNet Change% Change
    IIntelsat2.480.18+7.83%
    NAVNavistar13.580.97+7.69%
    EGLEngility Holdings17.870.75+4.38%
    ACMAECOM31.470.88+2.88%
    BAESYBAE Systems29.260.71+2.49%

    Market Summary

    Advancing GovCon Index Issues23
    Declining GovCon Index Issues7
    Unchanged GovCon Index Issues0
    IndexValueNet Change% Change
    GovCon Index74.289+0.302+0.408%
    S&P 5002, 040.59+13.37+0.66%
    Dow Jones Industrial Average17, 481.49+155.73+0.90%
    NASDAQ4, 774.99+11.02+0.23%

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