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Tag Archives: jobs

August 3 Market Close: GovCon Index Up on ICF Earnings Beat, Huntington Ingalls Lifts Before 2Q Report

Executive Mosaic’s GovCon Index rebounded Friday on gains by ICF International (Nasdaq: ICFI) on a second quarter earnings beat, plus boosts by Huntington Ingalls Industries (NYSE: HII) and Cubic Corp. (NYSE: CUB). The GovCon Index posted a gain of 0.292 points to 82.476 and six of the GCI’s 11 S&P 500-listed stocks closed positive as …

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July 7 Market Close: GovCon Index Down Ahead of June Payrolls Report as Energy Losses Weigh

Executive Mosaic’s GovCon Index turned downward in late morning trade Thursday then traded in slight negative territory during the afternoon session as investors looked ahead to the June labor report due for release before markets open Friday. The GovCon Index fell 0.263 points to 79.557 with Boeing (NYSE: BA) and CSRA (NYSE: CSRA) …

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June 2 Market Close: GCI Turns Around AM Decline, L-3 Hits 52-Week High on $2B AF Logistics Contract

The GovCon Index swung back into positive territory after an early morning decline Thursday and closed at a gain of 0.314 points to 78.927 as U.S. investors looked toward the release of Friday’s jobs report before markets open. L-3 Communications (NYSE: LLL) hit a new 52-week high in intraday trade after the New York City-based …

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May 4 Market Close: GovCon Index Down as Job Estimates Weigh on US Markets

The GovCon Index slid for a second consecutive session Wednesday by 0.498 points to 75.867 as U.S. financial markets entered sell-off mode on new data that showed a slowdown in hiring for the month of April. Harris Corp. (NYSE: HRS) extended its stretch of declines into a second straight day after the communications …

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March 3 Market Close: GovCon Index Extends Climb Ahead of Jobs Report

The GovCon Index held steady in positive territory throughout the trading session Thursday to close at a gain of 0.487 points to 73.711 as U.S. markets anticipated Friday’s jobs report from the Labor Department. Investors also looked at data that showed weekly jobless claims at 278, 000 and factory orders climbed 1.6 percent in …

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December 4 Market Close: GovCon Index, US Stocks Soar on Jobs Numbers

The GovCon Index posted a full rally from the prior day’s losses with a gain of 1.645 percent to 78.284 Friday on a similar surge in U.S. markets after the latest jobs report from the Labor Department. Friday’s climb recovered some damage incurred from Thursday’s plunge to bring the Index to a decline of 0.11 points — or …

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November 4 Market Close: GovCon Index, US Stocks Dip After Fed Chair Hints at December Rate Hike

The GovCon Index held in negative territory after brief gains in the morning and mid-afternoon trading sessions Wednesday and closed down 0.153 points to 77.796. U.S. stocks turned downward after Federal Reserve Chair Janet Yellen told House lawmakers a move to raise short-term interest rates at the central bank’s December meeting was a …

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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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October 2 Market Close: GovCon Index, US Stocks Swing Positive After AM Losses to Close Up

The GovCon Index recovered from early losses Friday after the release of September’s jobs report to record a gain of 0.689 points and close at 70.664. U.S. stock markets turned sharply negative after the open and remained down for the morning session, then rode a spike in crude oil prices to …

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October 1 Market Close: GovCon Index Slips Ahead of Friday Jobs Report

The GovCon Index kicked off the fourth quarter of calendar year 2015 Thursday with a decline of 0.207 points to 69.975 as U.S. stocks also recorded slight losses ahead of Friday’s jobs report. The Index and three major U.S. stock indices opened in positive territory,  sharply turned negative in the late morning …

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