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Tag Archives: MCK

March 1 Market Close: GovCon Index, US Stocks Climb to New Records on Trump Speech & Rate Hike Chatter

Executive Mosaic’s GovCon Index closed at an all-time high Wednesday for the second time in three sessions as U.S. stocks also extended their record-setting rally in their best one-day performance of 2017 so far with the S&P 500 composite index above 2,400 for the first time during intraday trade after President Donald …

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February 28 Market Close: GovCon Index, US Stocks Hold Lower Ahead of Trump Address

Executive Mosaic’s GovCon Index and U.S. stocks fell Tuesday at their worst one-day declines over the past month as investors looked ahead to President Donald Trump’s speech before a joint session of Congress at 9:00 p.m. Eastern time for further clues on his economic agenda that has included promises of tax cuts, deregulation …

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February 24 Market Close: GovCon Index Up, Records 4th Straight Weekly Gain

Executive Mosaic’s GovCon Index closed higher Friday to end its fourth straight weekly gain as investors eyed defense stocks after President Donald Trump repeated his election campaign pledge to build up the military during a speech in Washington. U.S. equities also posted narrow gains and the benchmark S&P 500 composite index ended the …

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February 22 Market Close: GovCon Index Flat, S&P 500 Dips After Fed Minutes

Executive Mosaic’s GovCon Index held flat as the U.S. stock bellwether S&P 500 composite index traded narrowly lower Wednesday after the most recent Federal Reserve meeting minutes indicated a desire among many policymakers to raise interest rates “fairly soon.” GovCon Index advancers slightly edged decliners 16-14 as seven of its 11 S&P 500 components closed green with Huntington …

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February 17 Market Close: GovCon Index Sets 5th Straight Record Close on Boeing & Huntington Ingalls Lifts

Executive Mosaic’s GovCon Index crawled to a fifth straight record close Friday to extend its current stretch of weekly gains to three and record a five-day advance of 2.72 percent . The U.S. stock benchmark S&P 500 also inched to a record close for a weekly gain of more than 1 percent despite investor …

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February 15 Market Close: GovCon Index & US Stocks Further Extend Record Highs

Executive Mosaic’s GovCon Index and all three major U.S. stock indices moved further into record-high territory Wednesday after President Donald Trump repeated his plans to cut taxes and simplify the tax code after a meeting with retail company executives. GovCon Index advancers outnumbered decliners by a 9-to-1 ratio as nine of …

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February 14 Market Close: GovCon Index Lifted By McKesson Surge, US Stocks Set New Record Highs on Apple & Banks

Executive Mosaic’s GovCon Index hit a new all-time record close Tuesday on a strong performance from blue chip stock McKesson Corp. (NYSE: MCK) as U.S. equities also reached new highs for a third consecutive session Tuesday after Federal Reserve Chair Janet Yellen’s testimony to Senate lawmakers on Capitol Hill. GovCon Index advancers outnumbered decliners …

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February 10 Market Close: GovCon Index Breaks 90 After 2 Months Below Mark, Ends Week Higher

Executive Mosaic’s GovCon Index closed above the 90-point barrier for the first time in two months Friday to end the week higher as all three major U.S. stock indices closed at record highs for a second consecutive session on extended investor anticipation over President Donald Trump’s tax announcement within the next …

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February 9 Market Close: GovCon Index, US Stocks Lift After Trump Tax Policy Hint

Executive Mosaic’s GovCon Index climbed Thursday on strong gains by large aerospace primes and services contractors as all three major U.S. stock indices hit record highs in intraday trade after President Donald Trump said he would give a tax policy announcement in the next few weeks. GovCon Index gainers outnumbered laggards by …

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February 8 Market Close: GovCon Index Lower on Services Stock Declines, US Stocks in Narrow Range

Executive Mosaic’s GovCon Index traded lower Wednesday on declines by services-oriented contractors as U.S. stocks traded in narrow range with financial shares the main laggards and crude oil prices again a focal point of investor attention. GovCon Index gainers outnumbered decliners by a 4-to-1 ratio as three of its 11 S&P 500 …

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