The GovCon Index rose for a second consecutive day to record a gain of 1.16 points — or 1.572 percent — to close at 72.661 on Tuesday and set a new all-time high.
Energy shares continued a four-day streak of increases in conjunction with an increase in crude oil prices in New York and U.S. equities saw gains early in the day as investors continued to show less worry over the new Greek government’s plan for the country’s debt, according to Bloomberg.
The Dow Jones Industrial Average surged 1.76 percent — or 305.36 points — to 17, 666.40, the S&P 500 composite index gained 1.44 percent to 2, 050.03 and the NASDAQ composite index rose 1.09 percent to 4, 727.74.
Top Percentage Gainers
|Company||Stock Price||$ Change||% Change|
|BAE Systems Inc.||31.77||1.20||3.93%|
|Advancing Issues||28 (93.33%)|
|Declining Issues||2 (6.66%)|
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.