July 6 Market Close: GovCon Index, US Stocks Decline Amid Greece Jitters

GovConIndexDOWNThe GovCon Index closed at a loss in its first session post-Fourth of July weekend to record a decline of 0.117 points and end at 74.604 Monday.

Uncertainty over the debt negotiations in Greece weighed on U.S. stocks Monday after two-thirds of Greek citizens voted “no” on a proposal from the country’s creditors on a bailout deal, according to CNBC.

Energy shares in the S&P 500 percent fell nearly 1.5 percent and the Nasdaq’s biotechnology sector declined 0.7 percent, CNBC reported.

The Dow Jones Industrial Average declined 46.53 points to 17, 683.58, the S&P 500 composite index slipped 8.02 points to 2, 068.76 and the NASDAQ composite index fell 17.27 points to 4, 991.94.

Top Percentage Gainers

  Company   $ Stock Price   $ Change   % Change
  ICF International   36.48   0.50   1.39%
  Raytheon   96.75   1.18   1.23%
  Intelsat   20.89   0.20   0.97%
  Navistar International    9.61   0.07   0.73%
  Maximus   66.21   0.45   0.68%

Market Summary

  Advancing Issues    15 (50.00%)
  Declining Issues    13 (43.33%)
  Unchanged Issues      2 (6.66%)

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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