May 23 Morning Report: GovCon Index,  Major Markets Post Gains

May 23 Morning Report: GovCon Index, Major Markets Post Gains


GovConIndexUPThe GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided.

The Dow Jones Industrial Average climbed 65.54 points to close at 17, 500.94, the S&P 500 was up 12.28 points to 2, 052.32 and Nasdaq gained 57.02 points to reach 4, 769.56.

The GovCon Index closed with 27 gainers.

Top GovCon Index Net Gainers

SymbolCompany$ Current PriceNet Change –´% Change
NOCNorthrop Grumman*212.72+1.65+0.78%
VECVectrus24.52+1.50+6.52%
LLLL-3 Communications*138.20+1.35+0.99%
MCKMcKesson*182.29+1.33+0.73%
MMSMaximus55.34+1.32+2.44%

Top GovCon Index Percentage Gainers

SymbolCompany$ Current PriceNet Change% Change –´
IIntelsat3.40+0.29+9.32%
VECVectrus24.52+1.50+6.52%
CUBCubic Corp.40.23+1.06+2.71%
MMSMaximus55.34+1.32+2.44%
SAICSAIC53.30+1.18+2.26%

*S&P 500 Company

Market Summary

Advancing GovCon Index Issues27
Declining GovCon Index Issues3
Unchanged GovCon Index Issues0
IndexValueNet Change% Change
GovCon Index77.776+0.705
S&P 5002, 052.32+12.28+0.60%
Dow Jones Industrial Average17, 500.94+65.54+0.38%
NASDAQ4, 769.56+57.02+1.21%

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