The GovCon Index closed up Wednesday with a gain of 0.293 points to 69.277 on a day that saw U.S. stocks fluctuate after the release of the Federal Reserve‘s March meeting minutes.
Those minutes indicate a split in the Federal Open Market Committee’s membership over when the central bank would raise interest rates, CNBC reported.
The Dow Jones Industrial Average rose 27.09 points to 17, 902.51, the S&P 500 composite index gained 5.57 points to 2, 081.90 and the NASDAQ composite index climbed 40.59 points to 4, 950.82.
Top Percentage Gainers
| Company | Stock Price | $ Change | % Change |
| Serco Inc. | 2.85 | 0.10 | 3.64% |
| Engility Holdings | 32.45 | 0.61 | 1.92% |
| BAE Systems Inc. | 31.85 | 0.59 | 1.89% |
| Maximus | 67.85 | 1.07 | 1.60% |
| Northrop Grumman | 164.21 | 1.30 | 0.80% |
Market Summary
| Advancing Issues | 23 (76.66%) |
| Declining Issues | 7 (23.33%) |
| Unchanged Issues | 0 |
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.
