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April 28 Market Close: GovCon Index Rebounds, US Investors Await Fed Meeting

GovConIndexUPThe GovCon Index ended a three-day streak of declines Tuesday to record a gain of 0.226 points and close at 75.530.

U.S. markets traded downward during the morning session but recovered during the afternoon as investors prepare to digest news from the Federal Reserve‘s two-day meeting that starts Tuesday, according to CNBC.

The Dow Jones Industrial Average rose 72.17 points to 18, 110.14, the S&P 500 composite index gained 5.84 points to 2, 114.76 and the NASDAQ composite index fell a nominal 4.82 points to 5, 055.42.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Serco Inc.   2.76   0.23   9.09%
  ICF International   41.27   0.78   1.93%
  Textron   52.27   0.84   1.63%
  SAIC   44.36   0.69   1.58%
  Leidos Holdings   42.60   0.50   1.19%

Market Summary

  Advancing Issues    12 (40.00%)
  Declining Issues    18 (60.00%)
  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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