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December 3 Market Close: GovCon Index Continues Climb

GovConIndexThe GovCon Index continued its post-Thanksgiving climb for a second consecutive day with a Wednesday closing figure of 70.834 — an increase of 0.799 percent, or 0.571 points from Tuesday.

Investors reacted to a report from the ADP Research Institute that says companies added 208, 000 employees during November and that payrolls have grown by at least 200, 000 in seven of the previous eight months, Bloomberg reports.

The Dow Jones Industrial Average gained 0.2 percent to close at 17, 910.82, the S&P 500 composite index increased 0.4 percent to an all-time record of 2, 074.18 and the NASDAQ composite index rose 0.39 percent to 4, 774.47.

Top Percentage Gainers

Company Stock Price $ Change % Change
 Leidos Holdings  42.83  2.65  6.60%
Computer Sciences Corp.  66.23  2.14  3.34%
 Navistar  37.59  1.04  2.85%
 ICF International  40.95  1.11  2.79%
 Textron  43.22  1.06  2.51%

Market Summary

Advancing Issues 24 (80.00%)
Declining Issues 6 (20.00%)
Unchanged Issues 0 (0.00%)

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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