The Index was up 0.8 percent at around 10:30 a.m. Eastern time and mirrored similar activity in the S&P 500 composite index, which climbed as much as 1.1 percent at 1 p.m. and closed barely in negative territory.
U.S. investors initially drew confidence from Federal Reserve Chair Janet Yellen’s comments Thursday that the central bank remains intent to increase interest rates this year if any economic “surprises” do not arise, Bloomberg reports.
Biotechnology and healthcare shares were among the biggest decliners Friday, according to Bloomberg.
Top GovCon Index Gainers
Company | $ Current Price | $ Change | % Change |
---|---|---|---|
CACI International | 76.99 | +1.05 | +1.38% |
Computer Sciences Corp. | 61.31 | +0.82 | +1.36% |
BAE Systems | 26.50 | +0.27 | +1.03% |
Leidos Holdings | 42.19 | +0.41 | +0.98% |
Boeing | 131.01 | +1.26 | +0.97% |
Market Summary
Advancing Issues | 12 |
Declining Issues | 18 |
Unchanged Issues | 0 |
Index | Value | Net Change | % Change |
---|---|---|---|
GovCon Index | 70.480 | -0.298 | -0.421% |
S&P 500 | 1, 931.35 | -0.89 | -0.89% |
Dow Jones Industrial Average | 16, 314.60 | +113.28 | +0.70% |
NASDAQ | 4, 686.50 | -47.98 | -1.01% |