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Tag Archives: financial report

April 14 Market Close: GovCon Index Down on Mixed Day for US Stocks

The GovCon Index mirrored a mixed day for U.S. stocks Tuesday as it closed down 0.105 points to 76.004. Bloomberg cited increases of energy shares in tandem with oil prices and a decline in technology stocks as among the drivers of Tuesday’s trading activity. The Dow Jones Industrial Average climbed …

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April 13 Market Close: GovCon Index Trades Lower, Retail Sales Figures Due

The GovCon Index entered the first full week of earnings season for many blue chip companies with a loss of 0.468 points to 63.527. Investors also will watch the Tuesday release of figures on retail sales and the producer price index, as well as news from Greece on that country’s …

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April 13 Morning Report: GovCon Index Closes Week With Gain

The GovCon Index ended the week at 69.436 on Friday,  up 0.173 points from the previous day’s close. The Dow Jones Industrial Average gained 98.92 points to 18, 057.65, the Standard & Poor’s 500 composite index rose 10.88 points to 2, 102.06 and the NASDAQ composite index climbed 21.41 points to 4, 995.98. Top Percentage Gainers   …

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April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains

The GovCon Index ended the week with a gain of 0.173 points to close at 69.436. U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported. The Dow Jones Industrial Average gained …

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April 9 Market Close: GovCon Index, US Stocks Flat on Quiet Trading Day

The GovCon Index struggled for direction Thursday as it recorded a nominal loss of 0.014 points to close at 69.263. U.S. markets were relatively quiet during Thursday’s trading day as investors wait to see more first quarter earnings reports from companies, the Wall Street Journal reported. The Dow Jones Industrial Average gained 56.22 points to …

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April 8 Market Close: GovCon Index Up, Markets Flunctuate as Fed Minutes Show Split Over Rate Hike

The GovCon Index closed up Wednesday with a gain of 0.293 points to 69.277 on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes. Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest …

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April 6 Market Close: GovCon Index Starts Post-Easter Week With 1% Gain

The GovCon Index rose 0.604 percent Monday to close at 69.261 on a day that saw low-trading activity by U.S. investors and many other markets worldwide closed for Easter Monday. U.S. traders had an extra day to consider the Labor Department‘s March payrolls report since markets were closed for Good Friday and will watch initial …

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April 6 Morning Report: GovCon Index Slightly Up on Thursday’s Close

The GovCon Index slightly increased on the last trading day before Easter weekend, up 0.062 points to close at 68.657. The Dow Jones Industrial Average rose 65.06 points to 17, 763.24, the Standard & Poor’s 500 composite index gained 7.27 points to 2, 066.96 and the NASDAQ composite index rose 6.71 points to 4, 886.94. Top Percentage Gainers …

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April 2 Market Close: GovCon Index Inches Up, Traders Eye Iran Talks

The GovCon Index closed on a nominal rise Thursday — up 0.062 points to 68.857 — and recorded an even 15-15 split between risers and fallers. The final trading day of the week saw news of a possible nuclear agreement between Iran and major world powers weigh on investors, who largely want to see …

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April 1 Market Close: GovCon Index Extends Decline, Jobs Report Sends Stocks Down

The GovCon Index fell for a second consecutive day Wednesday as it recorded a loss of 0.471 points to 68.596. U.S. markets entered negative territory after the ADP Research Institute said companies added 189, 000 workers to payrolls in March, which missed estimates of many economists, according to Bloomberg. Bloomberg also cited …

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