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March 24 Market Close: GovCon Index Down as Markets Mix on Canceled Healthcare Vote

March 24 Market Close: GovCon Index Down as Markets Mix on Canceled Healthcare Vote

    Author: David Smith || Date Published: March 24, 2017


    March 24 Market Close: GovCon Index Down as Markets Mix on Canceled Healthcare VoteExecutive Mosaic’s GovCon Index closed to a monthly low of 91.512.

    The major U.S. markets close mixed with the S&P 500 and DJIA down slightly for the second straight day and the NASDAQ up. It appears that the GOP scraped the healthcare bill all together. The Trump administration could not reach agreement with fellow Republicans on the various elements of the bill.

    GovCon Index decliners out-placed advancers 7 to 1 on the day.

    At market close WTI was up slightly to $48.08 per barrel as U.S. output and inventories continue to expand.

    Market Summary

    IndexValueNet Change% Change
    GovCon Index91.512-0.809-0.876%
    S&P 5002,343.98-1.98-0.08%
    Dow Jones Industrial Average20,596.72-59.86-0.29%
    NASDAQ5,828.74+11.04+0.19%
    Advancing GovCon Index Issues4
    Declining GovCon Index Issues26
    Unchanged GovCon Index Issues0

    Top GovCon Index Net Performers

    SymbolCompany$ Current PriceNet Change –´% Change
    MMSMaximus.61.95+0.61+0.99%
    CSRACSRA *29.43+0.13+0.44%
    ICFIICF40.95+0.10+0.24%
    CAECAE14.89+0.08+0.54%

    GovCon Index Decliners

    SymbolCompany$ Current PriceNet Change –¾% Change
    CUBCubic Corp.52.65-1.45-2.68%
    EGLEngility Holdings27.32-0.64-2.29%
    KBRKBR13.75-0.24-1.72%

    *Companies Included in S&P500 Index

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