April 6 Market Close: GovCon Index Starts Post-Easter Week With 1% Gain

GovConIndexUPThe GovCon Index rose 0.604 percent Monday to close at 69.261 on a day that saw low-trading activity by U.S. investors and many other markets worldwide closed for Easter Monday.

U.S. traders had an extra day to consider the Labor Department‘s March payrolls report since markets were closed for Good Friday and will watch initial corporate first-quarter earnings reports this week, according to the Wall Street Journal.

Energy stocks rose as oil prices increased 5 percent and utilities also drove gains, the Journal reported.

The Dow Jones Industrial Average climbed 117.61 points to 17, 880.85, the S&P 500 composite index rose 13.66 points to 2, 080.62 and the NASDAQ composite index gained 30.38 points to 4, 917.32. percent.

Top Percentage Gainers

  Company   Stock Price   $ Change   % Change
  Engility Holdings   31.97   1.82   6.04%
  Textron   46.10   1.16   2.58%
  Harris Corp.   80.69   1.99   2.53%
  Maximus   67.86   1.60   2.41%
  Intelsat   12.17   0.22   1.84%

Market Summary

  Advancing Issues   24 (80.00%)
  Declining Issues     6 (20.00%)
  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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