The GovCon IndexÂ rose in tandem with the larger U.S. stock market to record a gainÂ of 0.766 pointsÂ — or 1.059Â percent — and close at 71.501 on February 2015’s first trading day.
U.S. crude oil ended the day at its highest price in almost a month — $49.57 per barrel — and Greece’s new majority party in government started to roll back some austerity measures, Â according to CNBC.
News that theÂ ISM manufacturing index number for January 2015 was the lowest figure since January 2014 held stocks back for most of the day, CNBC reported.
The Dow Jones Industrial Average rose 1.14 percent to 17, 361.04, the S&P 500 composite index surged 1.3 percent to 2, 020.85Â and the NASDAQ composite indexÂ gained 41.45 points — or 0.89 percent — to 4, 676.69.
Top Percentage Gainers
|Â Company||Â Stock Price||Â $ Change||Â % Change|
|Â Â Serco Inc.||Â Â 2.505||Â Â 0.207||Â 9.01%|
|Â Â Engility Holdings||Â Â 41.77||Â Â 1.87||Â Â 4.69%|
|Â Â AECOM Technology||Â Â 26.40||Â Â 0.98||Â Â 3.86%|
|Â Â Raytheon||Â Â 103.38||Â Â 3.33||Â Â 3.33%|
|Â Â General Dynamics||Â Â 136.12||Â Â 2.91||Â Â 2.18%|
|Â Advancing Issues||Â 25 (70.00%)|
|Â Declining Issues||Â Â 5Â (30.00%)|
|Â Unchanged Issues||Â Â 0|
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.