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|
|Index||Value||Net Change||% Change|
|S&P 500||2, 013.43||+17.60||+0.88%|
|Dow Jones Industrial Average||17, 050.75||+138.46||+0.82%|