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

Company Stock Price $ Change % Change
 Healthnet 51.61 1.48 2.95%
 SAIC 52.13 1.07 2.10%
 Harris Corp. 70.61 0.94 1.35%
 Navistar 36.79 0.38 1.04%
Exelis 16.96 0.16  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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