David Smith

December 30 Market Close: GovCon Index Records Slight Decline

The GovCon Index was down for the second consecutive day. The index closed Tuesday at 71.520, down 0.150 point, or 0.210 percent. The stock markets closed down with the Nasdaq composite index at 4, 777.44, down 0.61 percent, the Standard & Poor’s 500 at 2, 080.35 down 0.49 percent, and …

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December 29 Market Close: GovCon Index Retreats Slightly

After reaching new highs last week, the GovCon Index slid back a bit to close Monday at 71.670, down 0.123 points,  or 0.172 percent. The stock markets closed mixed with the Nasdaq composite index unchanged at 4, 806.91, the Standard & Poor’s 500 up 0.1 percent to 2, 090.57 and the …

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November 25 Market Close: GovCon Index Reaches New High

The GovCon Index reached a new high to 70.341, up 0.309 percent, while both Dow Jones Industrial and S&P 500 finished slightly down -0.02 percent and -0.12 percent,  respectively. The energy sector weighted on the board with oil prices hitting a four-year low.     Top Percentage Gainers Company Stock Price $ Change % …

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October 27 Morning Report: GovCon Index Closes on Monthly High

The GovCon Index closed Friday reaching a monthly high at 65.994, up 0.260 or 0.393 percent after a week of strong third quarter corporate earnings.   Top Percentage Gainers Company Stock Price % Change AECOM Technology 32.60 1.97% General Dynamics 132.50 1.66% Maximus 43.54 1.61% Textron 38.76 1.57% Booz Allen …

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October 17 Morning Report: GovCon Index Up Slightly at Market Close

With mixed market results, the GovCon Index closed slightly up by 0.359 points — or 0.569 percent — to 62.777. The S&P 500 closed flat at 1, 862.76 as the energy sector lead gains for that index. The Dow Jones Industrial Average slipped 24.5 points, or 0.2 percent, to 16, 116.24 and the Nasdaq Composite ticked up 2 points …

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October 10 Morning Report: GovConIndex Closes Down After Day of Volatile Trading

Following an upturn on Wednesday,  Thursday’s GovConIndex fell to lows of 63.429, down 1.238 points, or 1.991 percent. After a day of volatile trading the stock market closed down on further concerns about slowing global growth.     Market Summary Advancing Issues 1 (33.3%) Declining Issues 29 (26.67%) Unchanged Issues 0 (0%) The Executive …

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October 8 Morning Report: GovConIndex Follows Dow Decrease

The GovConIndex closed at 63.447, down 1.088 or 1.745 percent. Concern about the European economy and upcoming U.S. corporate earnings reports sent the Dow Jones Industrial Average to its largest loss in more than three months.   Market Summary Advancing Issues 6 (20.0%) Declining Issues 24 (80.0%) Unchanged Issues 0 (0%) The …

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October 7 End of Day Report: GovconIndex Down on Global Concerns

The GovConIndex fell to 63.713 — down 0.821, or 1.306 percent. The U.S. stock market responded negatively to concerns over an ailing global economy and weak data from Germany. German industrial output slid 4 percent in August, the biggest fall in five-and-a-half years. The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest …

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October 7 Morning Report: GovConIndex Down on Mixed Day of Trading

The U.S. stock market closed Monday trading lower. The GovConIndex fell 0.289, or 0.450%, to 64.535. Many investors remain uncertain about the outlook for stocks as they wait for the beginning of the earnings season.   Top Percentage Gainers Company Closing Price Change %Change CGI Group Inc 34.52 0.55 1.62% Exelis Inc. 17.10 0.20 …

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October 6 End of Day: GovConIndex Shows Modest Downturn

After a positive morning to start the trading day, the GovConIndex has trended towards a modest drop and sits currently at 64.711, off 0.113, or 0.176 percent. The Executive Mosaic GovConIndex is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) Companies.        

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