The GovCon Index closed the week up 0.705 points to 77.776 to mirror major market indexes’ gains as fears of a June interest rate hike by the Federal Reserve subsided.
The Dow Jones Industrial Average climbed 65.54 points to close at 17, 500.94, the S&P 500 was up 12.28 points to 2, 052.32 and Nasdaq gained 57.02 points to reach 4, 769.56.
The GovCon Index closed with 27 gainers.
Top GovCon Index Net Gainers
| Symbol | Company | $ Current Price | Net Change –´ | % Change |
|---|---|---|---|---|
| NOC | Northrop Grumman* | 212.72 | +1.65 | +0.78% |
| VEC | Vectrus | 24.52 | +1.50 | +6.52% |
| LLL | L-3 Communications* | 138.20 | +1.35 | +0.99% |
| MCK | McKesson* | 182.29 | +1.33 | +0.73% |
| MMS | Maximus | 55.34 | +1.32 | +2.44% |
Top GovCon Index Percentage Gainers
| Symbol | Company | $ Current Price | Net Change | % Change –´ |
|---|---|---|---|---|
| I | Intelsat | 3.40 | +0.29 | +9.32% |
| VEC | Vectrus | 24.52 | +1.50 | +6.52% |
| CUB | Cubic Corp. | 40.23 | +1.06 | +2.71% |
| MMS | Maximus | 55.34 | +1.32 | +2.44% |
| SAIC | SAIC | 53.30 | +1.18 | +2.26% |
*S&P 500 Company
Market Summary
| Advancing GovCon Index Issues | 27 |
| Declining GovCon Index Issues | 3 |
| Unchanged GovCon Index Issues | 0 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 77.776 | +0.705 | |
| S&P 500 | 2, 052.32 | +12.28 | +0.60% |
| Dow Jones Industrial Average | 17, 500.94 | +65.54 | +0.38% |
| NASDAQ | 4, 769.56 | +57.02 | +1.21% |
