April 23 Market Close: GovCon Index Stalls, Earnings Drive US Stocks Up

GovConIndexDOWNThe GovCon Index dipped into negative territory Thursday to close down 0.103 points at 76.139.

Investors reacted positively to financial reports from blue chip technology stocks such as IBM (NYSE: IBM) and Caterpillar (NYSE: CAT) after stocks traded lower in the morning session, according to CNBC.

The Dow Jones Industrial Average gained 20.42 points to 18, 059.69, the S&P 500 composite index rose 4.97 points to 2, 112.93 and the NASDAQ composite index climbed 20.89 points to 5, 056.06.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Navistar   33.40   0.46   1.40%
  Computer Sciences Corp.   30.40   0.37   1.23%
  AECOM Technology   89.91   0.96   1.08%
  Honeywell   103.01   0.82   0.80%
  CACI International   50.22   0.28   0.56%

Market Summary

  Advancing Issues    14 (46.66%)
  Declining Issues    16 (53.33%)
  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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