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March 2 Market Close: GovCon Index Marginally Up on February Payroll Report, Rate Hike Odds Rise

The GovCon Index edged higher Wednesday with a gain of 0.300 points to 73.224 as the three major U.S. stock indices also closed narrowly up on new data investors welcomed as showing slight improvement in the U.S. economy. The latest National Employment Report from payroll processing services company ADP and Moody’s Analytics …

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March 1 Market Close: GovCon Index Surges 1% to Kick Off Month, Oil Up 2%

The GovCon Index started March with a surge of 1.09 percent to 72.922 in activity that reflected larger gains in U.S. markets spurred by a climb in oil prices and a new manufacturing report that exceeded economists’ expectations. The Index has held above 72 points for three consecutive closes and …

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February 29 Morning Report: GovCon Index Posts Nominal Decline Friday

The GovCon Index closed Friday with a nominal decline of 0.082 points to 72.487 on falling crude oil prices and a slight increase in inflation. The Index also posted a 1.538-percent gain for the week on economic uncertainty and commodity price declines. Top GovCon Index Gainers Symbol Company $ Current Price Net Change …

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February 26 Market Close: GovCon Index Notches Slight Decline on Inflation Data

The GovCon Index posted a nominal decline of 0.082 points to 72.487 Friday, which puts the GCI at a gain of 1.538 percent for the week as markets continue to try to shake off turbulence from commodity price declines and uncertain economic prospects. The Index has climbed 9.67 points percent since the start of February and …

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February 25 Market Close: GovCon Index, US Stocks Advance on Durable Good Orders Data

The GovCon Index held strong from a choppy morning session Thursday and ended at a gain of 1.134 percent to 72.570, which brings the Index out of correction territory after a one-day re-entry at the previous session’s close. The Index was in correction, or 10 percent down from its most recent high, for 13 days …

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February 22 Market Close: GovCon Index Up on Strong Day For All Markets

The GovCon Index climbed significantly today closing at 72.232 up 1.114 percent, pulling itself out of correction. All three markets — the Dow Jones Industrial, S&P 500 and the Nasdaq Composite — all showed robust gains approaching 1.50 percent, with WTI crude oil closing up 6.21 percent to $31.48. As reported …

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February 22 Morning Report: GovCon Index Sees Slight Gain

The GovCon Index closed Friday with a gain of 0.066 percent to 71.436. Both the Dow Jones Industrial Average and S&P 500 saw slight declines following another oil price drop, while the Nasdaq Composite received a boost from Applied Materials (Nasdaq: AMAT) and technology stocks to end the day in the positive.   Top …

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February 19 Market Close: GovCon Index Up Slightly In Mixed Markets

The GovCon Index showed a modest gain today closing at 71.436, up 0.066%, as both the Dow Jones Industrial and S&P500 closed slightly down from effects of sliding oil prices. The NASDAQ Composite ending the day in the positive receiving a boost from Applied Materials (AMAT.O) up 7.9% and rebound …

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February 18 Market Close: GovCon Index Inches Up, Holds in Correction as US Stocks Decline

The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: …

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February 17 Market Close: GovCon Index Extends Gain Streak to Third Day on Fed Minutes, Oil Climb

The GovCon Index bounced higher for a third consecutive session Wednesday with a gain of 1.411 percent to 71.348, a close that holds the Index barely in correction territory for a sixth straight day. The Index is 10.05 percent down from its most recent high of 79.332 on Dec. 1 …

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