The GovCon Index stayed largely flat Tuesday and recorded a tiny increase of 0.112 percent — or 0.079 points — to close a 70.609 on Tuesday in a mixed day across the major stock indices.
Investors reacted to China’s decision to limit use of some bonds for loans and Greece’s new timeline for parliamentary elections that could see a new political party in power that opposes the terms of the country’s bailout by the European Union, according to Bloomberg.
The Dow Jones Industrial Average declined 0.29 percent to close at 17, 801.20, the S&P 500 composite index lost 0.02 percent to 2, 059.82 and the NASDAQ composite index gained 0.54 percent to 4, 766.47.
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The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.