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.

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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 International 37.05 +0.79 +2.18%
Serco Group 2.12 +0.04 +1.73%
Huntington Ingalls 117.59 +1.85 +1.60%
CGI Group 40.29 +0.63 +1.59%
CACI International 83.90 +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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