Tag Archives: consumer price index

December 15 Market Close: GovCon Index Ends 3-Day Slide on HII & Services Gains

Executive Mosaic’s GovCon Index inched higher Thursday to end its three-day streak of declines on a large gain by Huntington Ingalls Industries (NYSE: HII) and contributions from services-oriented companies as U.S. stocks also climbed after the release of new economic data. GovCon Index gainers edged decliners 16-14 as six of its 11 S&P 500 …

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October 18 Market Close: GovCon Index Climbs on Orbital ATK Post-Launch Surge, Primes Pace Gain

Executive Mosaic’s GovCon Index closed just shy of a full 1-percent gain Tuesday on a large upswing by Orbital ATK (NYSE: OA) after the company’s successful rocket launch Monday night and gains by other prime contractors. GovCon Index gainers outnumbered laggers at a 9-to-1 ratio and 10 of its 11 S&P 500 companies …

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February 23 Market Close: GovCon Index Falls, Oil Decline & Consumer Index Miss Weigh on US Stocks

The GovCon Index failed to carry over momentum from Monday’s sharp gain and posted a decline of 0.417 points to 71.815 Tuesday as U.S. stocks also suffered losses driven by another decline in oil prices and a new Consumer Confidence Index reading that fell below economists’ expectations. Intelsat (NYSE: I) posted a second …

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October 15 Market Close: GovCon Index, US Stocks Rebound 1% as Fed Rate Hold Confidence Grows

 The GovCon Index bounced back from the previous day’s sharp decline with a gain of 0.676 points to 73.313 Thursday as U.S. investors grew more confident that interest rates will go unchanged for the rest of 2015. Investors based their belief on new economic data that showed the Consumer Price …

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May 22 Market Close: GovCon Index Continues Slide, Market Examines Inflation Report

The GovCon Index extended its decline for the second consecutive day Friday with a loss of 0.328 points to close at 75.067. Harris Corp. (NYSE: HRS) and Exelis (NYSE: XLS) both jumped 1 percent after the companies announced Harris’ acquisition of Exelis is scheduled to close May 29 after the deal received approval from …

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