The GovCon Index barely edgedÂ inÂ positive territory Thursday with a gain of 0.216Â points to 78.940 on a choppy trading day for U.S. markets.
With a Friday gain, the Index would record a full week of five consecutive positiveÂ days for the second time in theÂ fourth quarter so far.
Index stockÂ Health Net (NYSE: HNT) fell 5.07Â percent and the S&P 500 composite index’s healthcare sector declined 1.63Â percent after UnitedHealthÂ (NYSE: UNH) cut its profit outlook for this year.
Technology stocks Intel (Nasdaq: INTC) and Apple (Nasdaq: APPL) led the upswing in technology stocks to offset the healthcare losses, according toÂ Reuters.
U.S. markets have priced in a 72-percent chance of an interest rate hike in December, Reuters reports.
Top GovCon Index Gainers
|Symbol||Company||$ Current Price||Net Change||% Change|
|HII||Huntington Ingalls Industries||134.08||+2.65||+2.02%|
|Index||Value||NetÂ Change||%Â Change|
|S&P 500||2, 081.26||-2.32||-0.11%|
|Dow Jones Industrial Average||17, 732.75||-4.41||-0.02%|