Tag Archives: commodities

June 8 Market Close: GCI Hits 80, Extends Gain Streak to 6th Day as HII & L-3 Hit 52-Week Highs

The GovCon Index held positive for a sixth consecutive full trading session Wednesday with a gain of 0.751 points to 80.497 and achieved its first close above 80 points in 16 months. A weakening dollar helped lift U.S. stocks and multinational corporations in particular as commodities such as copper, gold and …

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May 10 Market Close: GCI Soars 1% as Lockheed, Northrop, HII Hit All-Time Highs in Intraday Trade

The GovCon Index received a boost from large defense primes on a rebound in commodity prices Tuesday to close at a surge of 1.245 percent to a new three-month high of 78.322, which also extends the GCI’s current streak of gains to four sessions. Lockheed Martin (NYSE: LMT),  Northrop Grumman (NYSE: NOC) and Huntington Ingalls …

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January 12 Market Close: GovCon Index 4-Day Losing Streak Ends w/ 1% Climb

The GovCon Index snapped a four-day streak of declines Tuesday with a surge upward of 1.129 percent to 74.285 in another volatile trading day for U.S. financial markets driven by continued oil price declines and attention on China. Crude oil futures in New York settled 50 minutes later than usual …

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October 5 Market Close: GovCon Index Surges 2%, Investors Adjust Fed Expectations

The GovCon Index started the first full week of activity in October with a gain of 2.124 percent to 72.165 Monday as U.S. markets readjusted their outlook on an interest rate hike by the Federal Reserve. Navistar International (NYSE: NAV) led Index gainers with an 18.73-percent climb to a two-week high …

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September 29 Market Close: GovCon Index Closes Up, Remains in Correction After Volatile Day

The GovCon Index regained some ground Tuesday with a gain of 0.244 points to 69.099 on a volatile day for U.S. markets as stocks attempted to reach stability. The Index is down 10.41 percent from its most recent high on July 16 to remain in correction territory and all three major U.S. …

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September 22 Market Close: GovCon Index, US Stocks Plummet on Commodity Declines

The GovCon Index fell 1.366 percent to a Tuesday close of 71.366 — the Index’s fourth-lowest figure over the past three months and second-lowest for the month of September so far. All 30 Index companies, all 30 Dow Jones Industrial stocks and all 10 S&P 500 sectors ended Tuesday in …

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August 21 Market Close: GovCon Index, US Stocks Continue Tumble on China Worries & Commodity Plunge

The GovCon Index continued to reflect larger declines in U.S. and global stock markets Friday as it closed at a loss for the fourth consecutive day — down 2.783 percent to 73.012. Serco Group — the parent company of North American government contractor Serco Inc. — closed up 4.89 percent to $1.93 and was …

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July 7 Market Close: GovCon Index Gains, US Stocks Mixed as Greece Watch Continues

The GovCon Index recovered ground from two days of losses to close with a gain of 0.411 points and end at 75.015. U.S. stocks closed slightly higher in a choppy day of trading that saw gains in commodities such as crude oil, copper and gold, the Wall Street Journal reported. Greece’s debt …

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