The GovCon Index ended Thursday’s trading day at 68.992 — an increase of 0.626 percent from Wednesday and a close that represents the index’s fourth straight day of nominal gains.
Bloomberg cited corporate deals and a positive earnings report from Walmart as among the factors that offset downturns in energy stocks and small caps across the stock market.
The S&P 500 closed one point shy of an all-time record at 2, 039.29, an increase of 0.1 percent, while the Dow Jones Industrial Average ended the day at 17, 652.21, an increase of 0.2 percent.
The NASDAQ composite index rose 0.11 percent to 4, 680.14
Top Percentage Gainers
|Company||Stock Price||$ Change||% Change|
|L-3 Communications Corp.||$119.73||$3.11||2.67%|
|Advancing Issues||18 (60.00%)|
|Unchanged Issues||0 (6.67%)|
The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.