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June 10 Market Close: GovCon Index Rises 1%, Bank Gains Lift US Market


GovConIndexUPThe GovCon Index bounced back from a two-day stretch of losses Wednesday to record a gain of 1.675 percent — or 0.944 points — and close at 76.252.

U.S. stocks rose with banks and financial stocks as among the drivers of Wednesday’s trading activity and investors also cheered news that Greece and its creditors could be near a deal on a bailout, according to the Wall Street Journal.

The Dow Jones Industrial Average rose 1.33 percent to 18, 000.40, the S&P 500 composite index climbed 1.20 percent to 2, 105.20 and the NASDAQ composite index gained 1.25 percent to 5, 076.69.

Top Percentage Gainers

  Company   $ Stock Price   $ Change   % Change
  Serco Group   2.103   0.173   8.964%
  Booz Allen Hamilton   25.74   0.97   3.92%
  Textron   46.06   1.53   3.44%
  Navistar   25.48   0.67   2.70%
  CGI Group   42.93   1.06   2.53%

Market Summary

  Advancing Issues    28 (93.33%)
  Declining Issues      2  (6.66%)
  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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