Author: David Smith|| Date Published: March 21, 2017
Executive Mosaic’s GovCon Index closed at a 30 day low ending the day at 92.042 down 1.62 percent.
The equities markets reached a new 30 day low with the S&P 500 at 2344.02 down 1.24 percent, the DJIA off 1.14 percent to close at 20,668.01, and the NASDAQ ended the day at 5,793.83 down 1.83 percent. Markets reacted to concerns that pro-growth legislation may get delayed in Congress.
WTI broke through the $48.00 barrier to close at the lowest point so far this year. Crude oil closed at 47.34 per barrel off 1.82 percent as U.S. stockpiles are forecast to increase.
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