Tag Archives: biotechnology

June 25 Market Close: GovCon Index Down, US Stocks Stutter on Biotech Losses

The GovCon Index closed in negative territory for the third consecutive day Thursday with a loss of 0.264 points to end at 76.030. Losses in the transportation and biotechnology sector sent U.S. stocks slightly down Thursday and many investors attributed the trading activity and volume to uncertainty over negotiations between Greece and …

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May 5 Market Close: GovCon Index Tumbles 1%, Trade Deficit Report Sinks US Markets

The GovCon Index had two straight days of gains wiped out during Tuesday’s trading session as it closed 1.372 percent lower to end at 73.332. Serco Inc. was the only Index company to close Tuesday in positive territory. News that March’s $51.4 billion trade deficit beat expectations of many market …

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April 30 Market Close: GovCon Index Plunges 2%, Biotech Losses Send Stocks Down

The GovCon Index capped the month of April with a decline of 2.001 percent to hit its lowest closing figure of the month at 73.372. Bloomberg cited losses in small cap and biotechnology stocks as a driver of declines in U.S. stock markets Thursday and continued scrutiny of investors on the Federal …

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