The GovCon Index continued its week of gains into a third straight day as it closed at 70.507 — a 0.35 percent increase from Tuesday.
Cubic Corp. (NYSE: CUB) was the largest gainer for the Index as the company said in its earnings release it set a new quarterly revenue record.
Reuters cited technology stocks as drivers of increases across the stock market and energy shares as a pressure on the market as oil prices continued to fall.
October saw an increase in U.S. consumer spending and consumer confidence has reached its highest level within the past seven-and-a-half years, according to Reuters.
The Dow Jones Industrial Average increased 0.07 percent to 17, 827.25, the S&P 500 composite index climbed 0.28 percent to 2, 072.83 and the NASDAQ composite index rose 0.61 percent to 4, 787.32.
Top Percentage Gainers
| Company | Stock Price | $ Change | % Change |
| Cubic Corp. | 50.92 | $3.85 | 8.18% |
| ICF International | 39.52 | $1.01 | 2.62% |
| CACI International | 88.44 | $1.11 | 1.27% |
| Booz Allen Hamilton | 26.65 | $0.20 | 0.76% |
| BAE Systems Inc. | 29.98 | $0.20 | 0.67% |
Market Summary
| Advancing Issues | 17 (56.66%) |
| Declining Issues | 12 (30.00%) |
| Unchanged Issues | 1 (0.03%) |
The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.
