Author: Ross Wilkers|| Date Published: March 2, 2016
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy.
The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics said private businesses in the U.S. added 214, 000 jobs in February, a number Reuters reported surpassed economists’ expectations of 190, 000 new positions.
According to Bloomberg, traders have priced in a 40-percent chance of a rate hike in June compared to the 26-percent odds posted last week and have the probability of a December increase at 68 percent, up from 42 percent last Wednesday.
Energy stocks and financial shares were the top gainers among sectors in the S&P 500 composite index, which rose 8.1 points, or 0.41 percent.
Navy has five open solicitations covering shipyard, hypersonics, propulsion, training and fabrication The contracts range from small business research funding…
SAIC will provide systems engineering, technical integration and mission support for ground-based intelligence programs The recompete award pushes SAIC’s Intel…
Chuck Brooks is the president of Brooks Consulting International and one of Executive Mosaic’s GovCon Experts. Most people associate the Department of…
CGI Federal has been tapped to continue supporting GSA’s financial systems environment The Momentum-as-a-Service model bundles software licensing, hosting and…
The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy.
