June 11 Market Close: GovCon Index Advances, US Stocks Nudge Up After Greece News

GovConIndexUPThe GovCon Index closed in positive territory for the second consecutive day Thursday with a gain of 0.485 points to 76.738.

CNBC said U.S. stocks held onto gains made in the morning session despite investor worries over a Reuters report that quoted an International Monetary Fund spokesperson that said Greece and the IMF had “major differences” over the progress of debt negotiations between both parties.

Investors welcomed a report that said retail sales increased 1.2 percent in May and the ex-autos figure at 1 percent, according to CNBC.

The Dow Jones Industrial Average rose 38.97 points to 18, 039.37, the S&P 500 composite index gained 3.66 points to 2, 108.86 and the NASDAQ composite index moved up 5.82 points to 5, 082.51.

Top Percentage Gainers

  Company   $ Stock Price   $ Change   % Change
  CSC   69.38   1.90   2.82%
  Engility Holdings   27.35   0.56   2.09%
  Health Net   62.18   0.90   1.47%
  Northrop Grumman   160.77   2.21   1.39%
  L-3 Communications   102.16   1.20   1.19%

Market Summary

  Advancing Issues     18 (60.00%)
  Declining Issues     12 (40.00%)
  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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