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February 23 Morning Report: GovCon Index Closes with Record 8th Day of Gains

GovConIndexUPThe GovCon Index closed Friday at 70.937,  a gain of 0.757 points (1.056%), for its eighth straight day of increase.

Stocks at index company Huntington Ingalls Industries (NYSE: HII) jumped 3.53 percent after the Virginia-based shipbuilder recorded positive revenue for the 2014 fiscal year.

The Dow Jones Industrial Average gained 154.67 points to 18, 140.44, the Standard & Poor’s 500 composite index increased 12.85 points to 2, 110.30 and the NASDAQ composite index rose 4, 955.97.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Serco Inc.   3.33   0.20   6.39%
  Huntington Ingalls   137.69   4.69   3.53%
  Boeing   158.31   4.56   2.97%
  Orbital ATK   68.22   1.84   2.77%
  AECOM Technology   29.15   0.78   2.75%

Market Summary

  Advancing Issues    23 (76.66%)
  Declining Issues      7 (23.33%)
  Unchanged Issues      0

Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.

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