June 23 Market Close: GovCon Index Treads Down, Investors Eye Greece Talks’ Progress

GovConIndexDOWNThe GovCon Index hit a slight setback from the previous day’s jump to record a loss of 0.103 points and close at 77.047 Tuesday.

U.S. stocks traded mostly in neutral territory Tuesday as investors continued to watch negotiations between Greece and its Eurozone creditors on a bailout agreement to avoid bankruptcy and default for the country, according to the Wall Street Journal.

Traders also reacted to the release of a report that said new orders for durable goods fell 1.8 percent in May from the prior month to represent the third decline in four months, the Journal reported.

The Dow Jones Industrial Average rose 24.29 points to 18, 144.07, the S&P 500 composite index closed up 1.35 points to 2, 124.20 and the NASDAQ composite index gained 6.12 points to 5, 160.10.

Top Percentage Gainers

  Company   $ Stock Price   $ Change   % Change
  Cubic Corp.   49.90   0.81   1.65%
  Navistar International   23.70   0.34   1.46%
  Huntington Ingalls   119.30   1.28   1.08%
  CACI International   86.32   0.82   0.96%
  ManTech International   30.09   0.21   0.70%

Market Summary

  Advancing Issues    10 (40.00%)
  Declining Issues    19 (60.00%)
  Unchanged Issues     1

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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