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Tag Archives: crude oil

February 9 Market Close: GovCon Index, US Stocks End Volatile Session in Neutral as Oil Hits $28

The GovCon Index reversed a negative open of at least 1 percent as Tuesday’s trading day progressed but hit another dip in the final hour to end at a nominal gain of 0.044 points to 70.079. Gains in biotechnology and material shares helped U.S. stocks bounce back in Monday’s afternoon …

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February 8 Market Close: GovCon Index, US Stocks Tumble 1% on Oil & Financial Losses as Vectrus Joins GCI

The GovCon Index followed the steep downturn in U.S. markets Monday with a decline of 1.027 percent to 70.035 spurred by new declines in oil prices and worries about the pace of future interest rate increases by the Federal Reserve. Monday also represented the first day of Colorado Springs-based government …

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December 21 Morning Report: GovCon Index Down Amid Crude Oil Decline

The GovCon Index closed Friday at a 30-day low of 75.362 on crude oil declines and concerns over a potential slowdown in global growth. The S&P 500 and Dow Jones Industrial Average closed with two-month lows.   Top GovCon Index Gainers Symbol Company $ Current Price Net Change % Change NAV …

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December 18 Market Close: GovCon Index Closes at 30 Day Low

  The GovCon Index closed at a thirty day low to 75.362; as crude oil continued its’ decline (to an almost six month low) and gold and copper turned to the positive. Concerns over the potential of a slowdown in global growth also dampened the markets. The stock markets closed …

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December 14 Morning Report: GovCon Index Posts Decline Amid Oil, Interest Rate Concerns

The GovCon Index closed Friday with a loss of 1.288 percent to 75.751 and posted a 3.236-percent drop for the week on sell-offs in the larger U.S. market due to declines in crude oil futures and the anticipated interest rate hike. CSRA (NYSE: CSRA) gained 1.33 percent to $28.92 while Serco Group (U.S. over-the-counter) remained …

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