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December 11 Market Close: GovCon Index Rebounds, Retail Sales Report Drives Stocks Up


GovConIndexThe GovCon Index regained some ground Thursday with an increase of  0.379 percent — or 0.264 points — to close at 69.478.

Stocks recovered some losses from the week after the release of data on an increase in consumer spending during the month of November and a report that indicates fewer Americans applied for first-time jobless benefits that month last week,  according to the Wall Street Journal.

The Dow Jones Industrial Average increased 63.19 points to 17, 596.34, the S&P 500 composite index climbed 8.17 points to 2, 034.31 and the NASDAQ composite index rose 21.03 points to 4, 705.06.

Top Percentage Gainers

CompanyStock Price$ Change% Change
 Healthnet51.611.482.95%
 SAIC52.131.072.10%
 Harris Corp.70.610.941.35%
 Navistar36.790.381.04%
Exelis16.960.16 0.95%

Market Summary

Advancing Issues 21 (70.0%)
Declining Issues 8 (26.67%)
Unchanged Issues 1 (3.33%)

The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.

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