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May 4 Market Close: GovCon Index Extends Rebound as Europe, China Gains Lift US Stocks


GovConIndexUPThe GovCon Index closed in positive territory for the second consecutive day Tuesday with a gain of 0.263 to close at 74.324.

Gains in European and Chinese markets helped U.S. stocks to a second straight day of gains and eight out of 10 sectors in the S&P 500 composite index ended the day in positive territory, according to the Wall Street Journal.

The Dow Jones Industrial Average rose 46.34 points to 18, 070.40,  the S&P 500 composite index climbed 6.20 points to 2, 114.49 and the NASDAQ composite index gained 11.54 points to 5, 016.93.

Top Percentage Gainers

  Company  Stock Price  $ Change  % Change
  Intelsat 12.47 0.43 3.57
  Healthnet 54.70 1.70 3.21
  Huntington Ingalls 135.66 1.70 1.27
  Raytheon 106.40 1.321.26
  Orbital ATK 74.73 0.63 0.85

Market Summary

  Advancing Issues   21 (70.00%)
  Declining Issues     9 (30.00%)
  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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