The GovCon Index declined for the second consecutive day Wednesday to record a loss of 0.155 points and close at 73.147.
Health Net (NYSE: HNT) led gainers in the Index at 1.81 percent after the company reported a 28-percent revenue increase year-over-year for its fiscal year 2015 first quarter.
U.S. stocks fell after an ADP estimate of U.S. employment figures showed businesses created 169, 000 jobs in April, a figure CNBC reports is below analyst forecasts of a 200, 000 figure.
The Dow Jones Industrial Average fell 86.22 points to 17, 841.98, the S&P 500 composite index slipped 9.31 points to 2, 080.15 and the NASDAQ composite index declined 19.68 points to 4, 919.64.
Top Percentage Gainers
Company | Stock Price | $ Change | % Change |
Health Net | 55.25 | 0.98 | 1.81% |
ICF International | 37.81 | 0.53 | 1.42% |
Engility Holdings | 26.72 | 0.14 | 0.53% |
ManTech International | 28.88 | 0.14 | 0.49% |
Textron | 44.61 | 0.21 | 0.47% |
Market Summary
Advancing Issues | 11 (36.66%) |
Declining Issues | 19 (63.33%) |
Unchanged Issues | 0 |
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.