Home / Financial Report / April 23 Market Close: GovCon Index Stalls, Earnings Drive US Stocks Up

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.

Check Also

Kevin McDonnell to Join AeroVironment as SVP, CFO

Kevin McDonnell, former senior vice president and chief financial officer of JAMS, has been appointed to the same positions at unmanned aircraft system maker AeroVironment (Nasdaq: AVAV). His appointment is effective Feb. 10 and he will succeed Brian Shackley, who has held the CFO role at AeroVironment on an acting basis since October, the company said Thursday.

Army Engineers Select Brayman for $320M Bluestone Dam Rehabilitation Contract

Brayman Construction has landed a potential nine-year, $319.6M contract from the U.S. Army Corps of Engineers to renovate recreational areas and equipment at the Bluestone Dam's stilling basin in West Virginia.