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March 24 Market Close: GovCon Index Dips as Dollar, Oil Figures Rise

The GovCon Index closed at a coss for a second consecutive day Tuesday as it recorded a decline of 0.318 points to 69.709. A 6-cent increase in crude oil and another increase in the U.S. dollar against other currencies drove U.S. trading activity Tuesday on a day that saw stocks decline, according to CNBC. Stocks traded …

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March 19 Market Close: GovCon Index Falls, Traders Consider Fed Statement

The GovCon Index took a slight dip Thursday to record a decline of 0.259 points and close at 69.229 on a day of mixed results in U.S. markets. Investors continued to mull the Federal Reserve‘s statement Wednesday that an interest rate increase will be more gradual than they previously expected and …

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March 16 Market Close: GovCon Index Rises as Dollar, Oil Fall Ahead of Fed Meeting

The GovCon Index started the week off with a rise of 1.66 percent — or 1.166 points — to close at 69.061 on Monday. Investors will look to see if the Federal Open Market Committee will retain the word “patient” in its next statement scheduled for Wednesday after its two-day March meeting, CNBC reports. …

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March 9 Market Close: GovCon Index, US Markets Rebound From Friday Declines

The GovCon Index recovered much of its losses from Friday with a Monday gain of 0.532 points — or 0.766 percent — to close at 68.929. Maximus‘ (NYSE: MMS) share price jumped nearly 3 percent after the company said it would purchase technology services contractor Acentia for $300 million cash. U.S. investors reconsidered …

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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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February 17 Market Close: GovCon Index Stays Level, Greece Talks Continue

The GovCon Index recorded a nominal gain of 0.114 points to 69.617 and mirrored a Tuesday trading day that saw U.S. stocks flunctuate across the board. Negotiations between Greece’s government and the country’s creditors ended Monday without much progress and Greece could run out of cash by March if no deal is reached …

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January 29 Market Close: GovCon Index Rallies 1%, Jobless Claims Dip

The GovCon Index recovered some ground from a three-day stretch of losses Thursday with a gain of 0.868 points — or 1.191% percent — to close at 72.081. Boeing (NYSE: BA) was the index’s largest gainer at 5.8 percent or a second straight day and Northrop Grumman‘s (NYSE: NOC) stock jumped 2.16 percent after the company said profit …

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Bill O’Neill to Head Iron Mountain’s Gov’t Services Unit

Bill O’Neill,  a three-decade public sector technology veteran, will join Boston-based storage and information management firm Iron Mountain (NYSE: IRM) as vice president and general manager of the company’s government services business unit. He will head to Iron Mountain as the company pushes to expand the capacity of its  records storage facilities …

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January 26 Market Close: GovCon Index Dips, US Stocks Flat

The GovCon Index held relatively level alongside a largely flat U.S. stock market to record a nominal loss of 0.110 points — or 0.152 percent — and close at 74.447 on Monday. Traders considered the results from Greece’s national election that saw an anti-austerity party win 149 out of a 300 possible seats in that country’s parliament …

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January 22 Market Close: GovCon Index Sets Record High, Traders Welcome ECB Stimulus Plan

The GovCon Index set a new record-high Thursday with a gain of 1.134 points — or 1.543 percent — to close at 72.346. All but two stocks on the index recorded increases in a day that saw the GovCon Index surpass the previous record of 71.722 set on Dec. 26, 2014. U.S. stocks …

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