April 15 Market Close: GovCon Index Rebounds, Earnings Give US Stocks Jolt

GovConIndexUPThe GovCon Index snapped a two-day streak of declines Wednesday to record a nominal gain of 0.048 points and close at 76.028.

Positive earnings reports from blue chips such as Intel, Bank of America and JPMorgan Chase helped send U.S. stocks up Wednesday and earnings shares rode a 2-percent oil price increase, according to CNBC.

The Dow Jones Industrial Average rose 75.71 points to 18, 112.41, the S&P 500 composite index climbed 10.78 points to 2, 106.62 and the NASDAQ composite index gained 33.73 points to 5011.02.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Serco Inc.   3.00   0.33   12.36%
  Navistar   29.51   1.55   5.54%
  Intelsat   12.28   0.38   3.19%
  Computer Sciences Corp.   65.67   1.08   1.67%
  AECOM Technology   33.68   0.53   1.60%

Market Summary

  Advancing Issues    15 (50.00%)
  Declining Issues    15 (50.00%)
  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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