July 16 Market Close: GovCon Index Rebounds, US Stocks Advance After Greek Parliament’s Austerity Vote

GovConIndexUPThe GovCon Index recovered its losses from the previous day’s session to record a gain of 0.539 points and close at 77.375.

U.S. stocks also rose after positive earnings reports from blue chips Citigroup and Intel and the Greek parliament’s vote to approve a series of austerity measures in return for financial aid from its international creditors, the Wall Street Journal reported.

The Dow Jones Industrial Average climbed 70.08 points to 18, 120.25, the S&P 500 composite index gained 16.89 points to 2, 124.29 and the NASDAQ composite index rose 1.26 percent to a record close of 5, 163.18.

Top Percentage Gainers

Company$ Current Price$ Change% Change
ICF International37.05+0.79+2.18%
Serco Group2.12+0.04+1.73%
Huntington Ingalls117.59+1.85+1.60%
CGI Group40.29+0.63+1.59%
CACI International83.90+1.16+1.40%

Market Summary

  Advancing Issues   23 (76.66%)
  Declining Issues     7 (23.33%)
  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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