The GovCon IndexÂ recorded a 50-50Â split of gainers and laggers Tuesday toÂ reachÂ a nominalÂ gain of 0.237Â points — or 0.170 percent — to close at 71.291.
A reduction in the International Monetary Fund’s worldwide growth forecasts for 2015 and 2016 was balanced by technology sector gainsÂ willingness among investors to hold back from more aggressive moves until the European Central Bank’s meeting Thursday, according toÂ the Wall Street Journal.
The Dow Jones Industrial Average inched up 36.66Â points toÂ 17, 515.23, the S&P 500 composite index gainedÂ 3.12Â points to 2, 022.54Â and the NASDAQ composite index increased 20.46Â points to 4, 654.85.
Top Percentage Gainers
|Â Company||Â Stock Price||Â $ Change||Â % Change|
|Â Serco Inc.||Â Â 2.52||Â Â 0.094||Â 3.87%|
|Â ATK||Â Â 124.52||Â Â 3.83||Â Â 3.17%|
|Â Â Engility Holdings||Â Â 43.45||Â Â 0.63||Â Â 1.47%|
|Â Â BAE Systems Inc.||Â Â 29.905||Â Â 0.405||Â Â 1.37%|
|Â Honeywell||Â Â 98.96||Â Â 0.74||Â Â 0.75%|
|Â Advancing Issues||Â Â 15 (50.00%)|
|Â Declining Issues||Â Â 15 (50.00%)|
|Â Unchanged Issues||Â Â 0|
The Executive Mosaic GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.