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September 10 Market Close: GovCon Index, US Stocks Ride Oil Bounce to Modest Gain

GovConIndexUPThe GovCon Index recorded a modest gain in Thursday’s trading session at 0.204 points up to 72.278.

CNBC reported crude oil rose $1.77 — or 4.01 percent — to $45.92 a barrel in New York a day after the commodity fell 3.9 percent and maintained its gains despite a report that showed weekly inventory beat the consensus analysts’ estimates.

Blue chip stocks such as Apple and UnitedHealth also led gains in U.S. markets as traders continue to anticipate the Federal Reserve‘s Wednesday and Thursday meeting, CNBC said.

Executive Mosaic’s GovCon Index tracks 30 large, publicly-traded government contracting firms.

Top GovCon Index Gainers

Company $ Current Price $ Change % Change
Rockwell Collins 84.00 +1.60 +1.94%
Engility Holdings 27.73 +0.42 +1.54%
CACI International 76.94 +1.04 +1.37%
McKesson 195.11 +2.26 +1.17%
Computer Sciences Corp. 61.97 +0.69 +1.13%

Market Summary

Advancing Issues 15
Declining Issues 14
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 72.278 +0.204 +0.283%
S&P 500 1, 952.29 +10.25 +0.53%
Dow Jones Industrial Average 16, 330.40 +76.83 +0.47%
NASDAQ 4, 796.25 +39.72 +0.84%
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