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April 10 Market Close: GovCon Index Moves Up, GE Restructure News Drives US Gains


GovConIndexUPThe GovCon Index ended the week with a gain of 0.173 points to close at 69.436.

U.S. markets traded in positive territory after General Electric (NYSE: GE) said it would exit most of its lending business and announced it would repurchase up to $50 bilion of its stock, Bloomberg reported.

The Dow Jones Industrial Average gained 98.92 points to 18, 057.65, the S&P 500 composite index climbed 10.88 points to 2, 102.06 and the NASDAQ composite index rose 21.41 points to 4, 995.98.

Top Percentage Gainers

  Company  Stock Price  $ Change  % Change
  Computer Sciences Corp.  65.85   1.36   2.11%
  Maximus  68.15   0.90   1.34%
  Huntington Ingalls  142.00   1.66   1.34%
  AECOM Technology  32.63   0.34   1.34%
  ICF International  41.00   0.39   1.05%

Market Summary

  Advancing Issues   21 (70.00%)
  Declining Issues     9 (30.00%)
  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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