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March 30 Market Close: GovCon Index Advances, Banks and Energy Surge

GovConIndexUPThe GovCon Index started the week of Easter with a gain of 1.228 percent to close at 69.854 on Monday.

Energy shares and banks helped drive gains in U.S. markets Monday and traders also watched comments from China’s central bank and the Federal Reserve on their next moves to support economic growth, Bloomberg reported.

The Dow Jones Industrial Average surged 1.49 percent to 17, 976.31, the S&P 500 composite index rose 1.22 percent to 2, 086.24 and the NASDAQ composite index climbed 1.15 percent to 4, 947.44.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Huntington Ingalls   141.91   4.28   3.11%
  Maximus   66.40   1.80   2.79%
  CACI International   90.76   2.32   2.62%
  Boeing   152.70   3.85   2.59%
  SAIC   55.70   1.34   2.47%

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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