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Tag Archives: Orbital

January 26 Morning Report: GovCon Index Closes Friday with Slight Gain

The GovCon Index recorded a gain of 0.211 points (0.290%) to close at a new all-time high of 72.557 on Friday. The Dow Jones Industrial Average dropped 141.38 points to 17, 672.60, the Standard &Poor’s 500 was down 11.33 points at 2, 051.82 and the NASDAQ composite index gained 7.48 points to 4, 757.88. Top Percentage Gainers   Company …

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January 23 Market Close: GovCon Index Ticks Up, US Stocks Have Mixed Day

The GovCon Index held relatively level against a mixed day of results in the U.S. stock market and recorded a slight gain of 0.211 points — or 0.290 percent — to close at a new all-time high of 72.557 on Friday. Disappointing earnings results from companies such as UPS and Kimberly-Clark offset investor confidence in the European …

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January 22 Market Close: GovCon Index Sets Record High, Traders Welcome ECB Stimulus Plan

The GovCon Index set a new record-high Thursday with a gain of 1.134 points — or 1.543 percent — to close at 72.346. All but two stocks on the index recorded increases in a day that saw the GovCon Index surpass the previous record of 71.722 set on Dec. 26, 2014. U.S. stocks …

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January 14 Market Close: GovCon Index Closes Down, Copper Plunge Drives US Market Losses

The GovCon Index fell 0.067 points — or 0.095 percent — to close at 70.674 on Wednesday. Copper prices declined 5.7 percent to $2.4945 per pound in New York and was a factor that drove U.S. stocks to decline, according to Bloomberg. Investors showed some concern over data that showed a …

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December 29 Morning Report: GovCon Index Up from Tuesday’s Close

The GovCon Index ended a week of trading at 71.793 points on Friday, up 0.148 or 0.206 percent from Tuesday’s close. Reuters reported that key market indicators closed a second straight week of gains, citing a positive economic outlook. The Dow Jones industrial average gained 23.5 points, or 0.13 percent, …

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December 23 Market Close: GovCon Index Reaches High for Month as GDP Data Shows Gains

The GovCon Index reached a new high for the month of December with a gain of 0.187 points — or 0.261 percent — to close at 71.467 on Tuesday. Investors appeared to show confidence after the Commerce Department said U.S. gross domestic product grew at a 5-percent annual rate between July and September, …

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December 22 Market Close: GovCon Index Hits 30 for 30 in 1% Climb

The GovCon Index started the week of Christmas with a gain of 0.903 points — or 1.250 percent — to close at 71.280 on Monday. All 30 companies on the GovCon Index recorded gains in a day that saw the index extend its streak of gains to a fourth consecutive trading day. An increase in …

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December 17 Market Close: GovCon Index Snaps 3-Day Skid, Fed Sends Interest Rate Signal

The GovCon Index ended its stretch of three consecutive days of losses with a gain of 1.042 points to close at 68.453 on Wednesday. Investors reacted to the Federal Reserve’s addition of the phrase “considerable time” in its latest policy statement and comments from Fed Chair Janet Yellen that the central bank will …

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November 24 Morning Report: GovCon Index to Open at 69.6

The GovCon Index ended Friday with a gain of 0.687 percent ahead of the Thanksgiving week to close at 69.600. The Wall Street Journal reported a Dow Jones Industrial Average increase of 0.51 percent to close at 17, 810.06, a S&P 500 composite index’s gain of 0.52 percent to 2, 063.50 and a NASDAQ …

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