Harris Corp. (NYSE: HRS) and Exelis (NYSE: XLS) both jumped 1 percent after the companies announced Harris’ acquisition of Exelis is scheduled to close May 29 after the deal received approval from the Justice Department and Exelis shareholders.
Investors entered selling mode early in the trading session after the latest Consumer Price Index for April rose 0.1 percent and a core figure of 0.3 percent when discounting food and energy costs, according to CNBC.
Gains in financials helped U.S. stocks close with mixed results despite the inflation data, CNBC reports.
The Dow Jones Industrial Average declined 53.72 points to 18, 232.02, the S&P 500 composite index slipped 4.75 points to 2, 126.07 and the NASDAQ composite index lost 1.43 points to 5, 089.36.
Top Percentage Gainers
 Company |  Stock Price |  $ Change |  % Change |
 Harris Corp. |   80.26 |   0.94 |  1.19% |
 ICF International |   36.42 |   0.33 |  0.91% |
  Intelsat |   10.48 |   0.09 |   0.87% |
  Exelis Inc. |   24.82 |   0.21 |   0.85% |
  Navistar |   28.18 |   0.20 |   0.71% |
Market Summary
 Advancing Issues |    8 (26.66%) |
 Declining Issues |  22 (73.33%) |
 Unchanged Issues |   0 |
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.