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February 5 Market Close: GovCon Index Rises With US Stocks, Oil Prices


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The GovCon Index broke the 73-point barrier for the first time Thursday to record a gain of 0.746 points — or 1.004 percent — and close at 73.471.

Oil prices rose more than 6 percent Thursday after an 8.7-percent decline Wednesday and investors also reacted to a strengthening of the dollar and earnings releases, Bloomberg reported.

The Dow Jones Industrial Average climbed 1.2 percent to 17, 884.88, the S&P 500 composite index rose 1.03 percent to 2, 062.52 and the NASDAQ composite index gained 1.03 percent to 4, 675.10.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Serco Inc.   2.76   0.135   5.14%
  Maximus   59.68   2.23   3.88%
  Engility Holdings   46.26   1.30   2.89%
  SAIC   52.18   1.23   2.41%
  McKesson   215.86   5.02   2.38%

Market Summary

  Advancing Issues    25 (86.66%)
  Declining Issues      5 (13.33%)
  Unchanged Issues      0

Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.

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