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Tag: interest rates

May 24 Market Close: GovCon Index Posts 1% Rally as Services Providers Lead GainsFinancial Report

May 24 Market Close: GovCon Index Posts 1% Rally as Services Providers Lead Gains

The GovCon Index rallied 1.197 percent to 78.192 on gains led by the GCI’s services-focused contractors and defense prime Northrop Grumman (NYSE: NOC)
May 23 Market Close: GovCon Index Slides,  US Markets Mixed on Apple Bounce & Rate Hike ChatterFinancial Report

May 23 Market Close: GovCon Index Slides, US Markets Mixed on Apple Bounce & Rate Hike Chatter

The GovCon Index consistently traded lower for the entirety of Monday trade and closed at a decline of 0.509 points to
May 18 Market Close: GovCon Index Nudges Gain on Booz Allen,  McKesson BoostsFinancial Report

May 18 Market Close: GovCon Index Nudges Gain on Booz Allen, McKesson Boosts

The GovCon Index hovered in neutral territory during the final two hours of trade Wednesday and closed at a gain of 0.220 points
May 17 Market Close: GovCon Index Swings Negative on Investor Rate Hike SentimentFinancial Report

May 17 Market Close: GovCon Index Swings Negative on Investor Rate Hike Sentiment

The GovCon Index mirrored losses by U.S. stocks Tuesday with a decline of 0.669 point to 77.421 as investors weighed the prospects of more than
May 6 Market Close: GovCon Index Boosted by Engility & ICF 1Q Beats,  Huntington Ingalls Extends Gain StretchFinancial Report

May 6 Market Close: GovCon Index Boosted by Engility & ICF 1Q Beats, Huntington Ingalls Extends Gain Stretch

The GovCon Index rode the wave of buying activity in U.S. financial markets Friday and closed up 0.634 points to 7.206, which put the
April 6 Market Close: GovCon Index Posts 1% Rally After Fed Minutes Show Leaders’ Rate Hike HesitanceFinancial Report

April 6 Market Close: GovCon Index Posts 1% Rally After Fed Minutes Show Leaders’ Rate Hike Hesitance

The GovCon Index erased two days of losses with a gain of 1.183 percent to a one-month high close of 74.769
March 23 Market Close: GovCon Index Weighed by Commodity Declines,  Health Net Up 4% on Centene Deal ApprovalFinancial Report

March 23 Market Close: GovCon Index Weighed by Commodity Declines, Health Net Up 4% on Centene Deal Approval

The GovCon Index stumbled from the open to close at a loss of 0.279 points to 75.052 as U.S. stock declines
March 16 Market Close: GovCon Index Accelerates in PM After Fed Cuts Rate Hike Path; Vectrus Top GCI GainerFinancial Report

March 16 Market Close: GovCon Index Accelerates in PM After Fed Cuts Rate Hike Path; Vectrus Top GCI Gainer

The GovCon Index turned upward in the last two hours of trade Wednesday after the Federal Reserve announced it would baseline interest rates
March 14 Market Close: GovCon Index Declines as US Stock Markets Hover Ahead of Fed 2-Day MeetingFinancial Report

March 14 Market Close: GovCon Index Declines as US Stock Markets Hover Ahead of Fed 2-Day Meeting

The GovCon Index failed to turnaround declines incurred during morning trade Monday and ended at a loss of 0.237 points to 73.743
January 5 Market Close: GovCon Index Rides Afternoon Surge to 1% Gain in Volatile TradeFinancial Report

January 5 Market Close: GovCon Index Rides Afternoon Surge to 1% Gain in Volatile Trade

The GovCon Index bounced wildly in and out of positive territory Tuesday morning and sharply rose in the afternoon session