The GovCon Index turned around heavy losses incurred in the morning and early afternoon portions of trading Thursday to close at a gain of 1.303 percent to 73.773.
U.S. stocks started to trade higher from 2 p.m. Eastern time after the release of the Federal Reserve‘s September meeting minutes that indicate policymakers were mostly united on a decision to not raise interest rates then, according to CNBC.
Crude oil settled up 3.4 percent in New York to $49.43 a barrel to continue a recovery in energy stocks, CNBC said.
Top GovCon Index Gainers
| Company | $ Current Price | $ Change | % Change |
|---|---|---|---|
| Navistar International | 16.30 | +0.82 | +5.30% |
| Serco Group | 1.60 | +0.06 | +3.90% |
| Engility Holdings | 29.21 | +1.03 | +3.66% |
| Maximus | 63.93 | +1.75 | +2.81% |
| ManTech International | 28.08 | +0.72 | +2.63% |
Market Summary
| Advancing Issues | 29 |
| Declining Issues | 1 |
| Unchanged Issues | 0 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 73.773 | +0.949 | +1.303% |
| S&P 500 | 2, 013.43 | +17.60 | +0.88% |
| Dow Jones Industrial Average | 17, 050.75 | +138.46 | +0.82% |
| NASDAQ | 4, 810.79 | +19.64 | +0.41% |
