June 22: GovCon Index, US Stocks Gain on Investors’ Greek Hopes

GovConIndexUPThe GovCon Index started the trading week with a gain of 0.236 points to 77.146 as U.S. stocks gained on investor optimism over a potential resolution to Greece’s long-running debt negotiations.

Market activity picked up after comments from Greek Prime Minister Alexis Tsipras that his country could be willing to make concessions in an effort to get financial aid and stave off a default, according to CNBC.

The Dow Jones Industrial Average climbed 103.83 points to 18, 119.78, the S&P 500 composite index gained 12.86 points to 2, 122.85 and the NASDAQ composite index rose 36.97 points to 5, 153.97.

Top Percentage Gainers

  Company   $ Stock Price   $ Change   % Change
  CGI Group   41.40   0.89   2.20%
  AECOM   35.15   0.64   1.85%
  Health Net   64.66   1.03   1.62%
  Harris Corp.   80.18   1.01   1.28%
  BAE Systems   30.20   0.22   0.73%

Market Summary

  Advancing Issues    20 (66.66%)
  Declining Issues    10 (33.33%)
  Unchanged Issues     0

Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.

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