January 13 Market Close: GovCon Index Gains, US Stocks Slip Over Europe Concerns

GovConIndexUPThe GovCon Index rallied with a gain of 0.425 points — or 0.302 percent — to close at 70.762 on Tuesday.

Concerns over the prospects of economic growth in Europe weighed on trading activity in the U.S. and investors will watch for a potential stimulus from Europe’s central bank, the Wall Street Journal reports.

The Dow Jones Industrial Average retreated 27.16 points to 17, 613.68, the S&P 500 composite index slipped 5.23 points to 2, 023.03 and the NASDAQ composite index lost 3.21 points to 4, 661.50.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  SAIC   51.22   2.37   4.85%
  CACI International   88.60   2.17   2.51%
  Booz Allen Hamilton   28.46   0.62   2.23%
  ManTech International   31.32   0.65   2.12%
  Maximus   55.53   1.08   1.98%

Market Summary

Advancing Issues   20 (66.66%)
Declining Issues   10 (33.33%)
Unchanged Issues     0

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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