The GovCon Index rode a surge in the technology sector Monday on its way to a 0.728-point increase — or 0.952 percent — and a closing figure of 75.755.
Bloomberg cited a 1.8 percent climb in the S&P 500’s technology area as a driver of stock gains before many of the sector’s largest companies report quarterly earnings.
IBM (NYSE: IBM) is scheduled to report its financial results Monday and Google (NASDAQ: GOOG), Facebook (NASDAQ: FB) and Microsoft (NASDAQ: MSFT) will issue their reports later this week, according to Bloomberg.
The Dow Jones Industrial Average climbed 1.17 percent to 18, 034.93, the S&P 500 composite index rose 0.92 percent to 2, 100.40 and the NASDAQ composite index gained 1.27 percent to 4, 994.60.
Top Percentage Gainers
| Â Company | Â Stock Price | Â $ Change | Â % Change |
| Â SAIC | Â Â 51.68 | Â Â 1.17 | Â Â 2.32% |
| Â Intelsat | Â Â 12.11 | Â Â 0.26 | Â Â 2.19% |
| Â Â Boeing | Â Â 152.67 | Â Â 3.07 | Â Â 2.05% |
| Â Leidos Holdings | Â Â 41.65 | Â Â 0.72 | Â Â 1.76% |
| Â Healthnet | Â Â 57.42 | Â Â 0.99 | Â Â 1.75% |
Market Summary
| Â Advancing Issues | Â 24 (80.00%) |
| Â Declining Issues | Â Â 6Â (20.00%) |
| 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.
