January 21 Market Close: GovCon Index Stays Flat, Earnings Lift US Stocks

GovConIndexDOWNThe GovCon Index stayed flat Tuesday with a nominal gain of 0.079 points — or 0.111 percent — to close at 71.212.

U.S. markets reacted to reports that the European Central Bank could launch a quantitative easing program for one year and earnings reports from firms such as UnitedHealth Group (NYSE: UNH), CNBC reported.

The Dow Jones Industrial Average gained 39.05 points to close at 17, 554.23, the S&P 500 composite index increased 9.57 points to 2, 032.12 and the NASDAQ composite index jumped 12.58 points to 4, 667.42.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Exelis   17.41   0.45   2.65%
  Navistar   32.37   0.60   1.89%
  BAE Systems Inc.   30.425   0.52   1.74%
  Healthnet   54.43   0.81   1.51%
  AECOM Technology   26.08   0.28   1.09%

Market Summary

  Advancing Issues    13 (43.33%)
  Declining Issues    17 (56.66%)
  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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