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April 7 Market Close: GovCon Index Slips, Markets Await Fed Minutes

The GovCon Index lost some ground from the previous day’s close Tuesday and recorded a loss of 0.254 points to close at 69.007 on Tuesday. Bloomberg reports U.S. investors have their collective eye on the Federal Reserve‘s scheduled Wednesday release of minutes from its March meeting and many economic analysts surveyed by …

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April 6 Morning Report: GovCon Index Slightly Up on Thursday’s Close

The GovCon Index slightly increased on the last trading day before Easter weekend, up 0.062 points to close at 68.657. The Dow Jones Industrial Average rose 65.06 points to 17, 763.24, the Standard & Poor’s 500 composite index gained 7.27 points to 2, 066.96 and the NASDAQ composite index rose 6.71 points to 4, 886.94. Top Percentage Gainers …

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April 2 Market Close: GovCon Index Inches Up, Traders Eye Iran Talks

The GovCon Index closed on a nominal rise Thursday — up 0.062 points to 68.857 — and recorded an even 15-15 split between risers and fallers. The final trading day of the week saw news of a possible nuclear agreement between Iran and major world powers weigh on investors, who largely want to see …

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April 1 Market Close: GovCon Index Extends Decline, Jobs Report Sends Stocks Down

The GovCon Index fell for a second consecutive day Wednesday as it recorded a loss of 0.471 points to 68.596. U.S. markets entered negative territory after the ADP Research Institute said companies added 189, 000 workers to payrolls in March, which missed estimates of many economists, according to Bloomberg. Bloomberg also cited …

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March 23 Market Close: GovCon Index Dips, US Stocks Record Slight Declines

The GovCon Index recorded a nominal loss Monday of 0.089 points to close at 70.027. Losses of transportation shares offset gains in consumer and technology stocks as investors also weighed Federal Reserve Vice Chairman Stanley Fischer’s comment that an interest rate raise will likely happen before the end of the year, Bloomberg reported. The …

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March 23 Morning Report: GovCon Index Closes Friday with Gains

The GovCon Index posted gains of 0.817 points (1.152%) Friday to close at 70.116, with majority of index companies reporting an increase in stock prices. Reports that Greece could receive additional funding from the European Union saw the U.S. dollar weaken versus the Euro, according to Bloomberg. The Dow Jones Industrial Average increased 168.36 points to 18, 127.39, the …

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March 20 Market Close: GovCon Index Closes Up 1%, Dollar Weakens on Greece Speculation

The GovCon Index rode across-the-board gains of U.S. stocks Friday to record a climb of 1.152 percent — or 0.817 points — and close at 70.116. Twenty-seven out of 30 total index companies saw their stock prices close in positive territory. Investors reacted to comments by a European Union official that Greece could …

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March 18 Market Close: GovCon Index, US Markets Rally After Fed Statement

The GovCon Index rode across-the-board gains in U.S. stock market Wednesday with a rise of 0.714 points — or 1.016 percent — to 69.558. As many investors expected, the Federal Reserve removed the word “patient” in its guidance on the next interest rate increase but the central bank also signaled it would wait to raise …

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March 5 Market Close: GovCon Index Rises, Euro Bank Unveils Bond Purchase Initiative

The GovCon Index recorded a slight gain of 0.034 points on Thursday to close at 69.306. Investors will pay particular attention to figures on hourly wages and unemployment, CNBC reported. The Dow Jones Industrial Average gained 38.82 points to 18, 135.72, the S&P 500 composite index rose 2.51 points to 2, …

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March 2 Morning Report: GovCon Index Down at Friday’s Close

The GovCon Index ended the month of February with 69.615 at Friday’s close, a loss of 0.677 points or 0.982 percent. ICF International (NASDAQ: ICFI) led gainers after reporting a double-digit revenue increase for the 2014 fiscal year. The Dow Jones Industrial Average slipped 82.04 points to 18, 132.38, the Standard & Poor’s 500 composite index dipped 6.25 points …

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