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

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

    Author: Anna Forrester || Date Published: May 23, 2016


    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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