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January 20 Market Close: GovCon Index Holds Up, Investors Await Euro Bank Move

The GovCon Index recorded a 50-50 split of gainers and laggers Tuesday to reach a nominal gain of 0.237 points — or 0.170 percent — to close at 71.291. A reduction in the International Monetary Fund’s worldwide growth forecasts for 2015 and 2016 was balanced by technology sector gains willingness among investors to hold back from more …

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January 20 Morning Report: GovCon Index Scores Gain on Friday’s Close

The GovCon Index ended a week of trading with an increase of 0.711 points (0.990%) to close at 71.121 on Friday. The Dow Jones Industrial Average reported a 1.10 percent gain to 17, 511.57, the Standard & Poor’s 500 rose 1.34 percent to 2, 019.42 and the NASDAQ composite index jumped 1.39 percent to 4, 634.38. Top Percentage Gainers   …

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January 16 Market Close: GovCon Index Ends Week With Increase, Oil Jumps 5%

The GovCon Index ended the trading week with a gain of 0.711 points — or 0.990 percent — to close at 71.121 on Friday. Energy stocks recovered ground as the price of crude oil increased 4.71 percent on the New York Mercantile Exchange to close at $48.43 and the ratio of gainers-to-laggers on the New York Stock …

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January 15 Market Close: GovCon Index Dips, Banking Sector Losses Drag US Stocks

The GovCon Index recorded a nominal loss of 0.267 points — or 0.381 percent — to close at 70.408 on Thursday. A 1.1-percent decline in the S&P financial sector and worries over how global economic weakness could affect U.S. corporate earnings drove U.S. stocks down, according to Reuters. The Dow Jones …

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January 14 Market Close: GovCon Index Closes Down, Copper Plunge Drives US Market Losses

The GovCon Index fell 0.067 points — or 0.095 percent — to close at 70.674 on Wednesday. Copper prices declined 5.7 percent to $2.4945 per pound in New York and was a factor that drove U.S. stocks to decline, according to Bloomberg. Investors showed some concern over data that showed a …

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January 13 Market Close: GovCon Index Gains, US Stocks Slip Over Europe Concerns

The GovCon Index rallied with a gain of 0.425 points — or 0.302 percent — to close at 70.762 on Tuesday. Concerns over the prospects of economic growth in Europe weighed on trading activity in the U.S. and investors will watch for a potential stimulus from Europe’s central bank, the Wall Street Journal reports. The …

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January 12 Market Close: GovCon Index Falls, Investors Prep for Earnings Season

The GovCon Index started the week with a loss of 0.512 points — or 0.732 percent — to close at 70.483 on Monday. Investors showed concern over continued declines in oil prices and are preparing to watch the start of quarterly earnings reports, CNBC reports. Crude futures on the New York Mercantile Exchange …

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Paul Falkler Promoted to Vistronix National Intell Sector President; John Hassoun Comments

Paul Falkler, corporate vice president for national intelligence programs at Vistronix, has been named president of the company’s national intelligence sector. He will lead the sector that delivers national security technology offerings designed to help intelligence agencies execute high-priority missions, Vistronix said Monday. “Paul has been on the cutting edge …

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January 12 Morning Report: GovCon Index Closed Friday Slightly Down On Reports Of December Wage Decline

The GovCon Index ended a strong trading week slightly down, closing Friday at 70.995 — off .306 points — or 0.433 percent. For the trading week Jan. 5-9, the index recorded a 0.516 percent increase and hit its second-ever largest closing figure within the past three months. U.S. stocks declined after two straight days of gains …

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January 8 Market Close: GovCon Index Jumps 1.7%, Investors Await Payroll Report

The GovCon Index continued to recover lost ground from its most recent stretch of losses with a gain of 1.744 percent — or 1.265 points — to close at 71.301 on Thursday. U.S. stocks recorded gains across the board as investors reacted to comments from Charles Evans, president of the Federal Reserve …

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