The GovCon IndexÂ closed in positive territory Wednesday with a gain of 0.108Â points to 75.543Â on a day that saw investors react to the release of the Federal Reserve‘s AprilÂ meeting minutes.
FedÂ leaders expressed doubt over the possibility of an interest rate hike by June and U.S. stocks tradedÂ after those minutesÂ went public but failed to hold gains, according to the Wall Street Journal.
Computer Sciences Corp. (NYSE: CSC) closed 2.44Â percent up the day after the technology servicesÂ contractor announced its plan to divide into two separate, publicly-traded companies.
The Dow Jones Industrial Average fell 26.99 points to 18, 285.40, the S&P 500 composite index dipped 1.98 points to 2, 125.85 and the NASDAQ composite index gained 1.71 points to 5, 071.74.
Top Percentage Gainers
|Â Company||Â Stock Price||Â $ Change||Â % Change|
|Â Engility Holdings||Â 29.12||Â 1.82||Â 6.67%|
|Â Computer Sciences Corp.||Â 69.25||Â 1.59||Â 2.35%|
|Â Â Huntington Ingalls||Â 122.13||Â 1.64||Â 1.36%|
|Â Â Intelsat||Â 10.58||Â 0.14||Â 1.34%|
|Â Health Net||Â 61.16||Â 0.60||Â 0.99%|
|Â Advancing Issues||Â Â 16 (56.66%)|
|Â Declining Issues||Â Â 14 (43.33%)|
|Â Unchanged Issues||Â Â 0|
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.