The 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.