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July 1 Market Close: GovCon Index Rebounds, US Stocks Climb on Greece Optimism


GovConIndexUPThe GovCon Index snapped its six-day streak of declines Wednesday with a gain of 0.563 points to close at 74.800.

U.S. markets reacted to news that Greece and its Eurozone creditors have increased dialogue on a potential bailout proposal and talks will wait until after a Sunday referendum on an offer from Greek Prime Minister Alexis Tsipras, according to the Wall Street Journal.

The Dow Jones Industrial Average rose 138.40 points to 17, 757.91, the S&P 500 composite index gained 14.31 points to 2, 077.42 and the NASDAQ composite index climbed 26.26 points to 5, 013.12.

Top Percentage Gainers

  Company   $ Stock Price   $ Change   % Change
  L-3 Communications   115.85   2.47   2.18%
  Booz Allen Hamilton   25.70   0.46   1.82%
  Health Net   65.06   0.94   1.47%
  Boeing   2.01   2.01   1.45%
  ICF International   35.35   0.49   1.41%

Market Summary

  Advancing Issues    25 (83.33%)
  Declining Issues      5 (16.66%)
  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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