The GovCon Index treaded in neutral territory on a light-volume day in markets and closed at a nominal loss of 0.007 points to 79.674.
U.S. markets are closed Thursday for Thanksgiving and will be open Friday until 1 p.m. Eastern time.
Science Applications International Corp. (NYSE: SAIC) and BAE Systems (over-the-counter) showed gains after the Marine Corps announced both companies advanced to the next round of its Amphibious Combat Vehicle program.
Investors reacted to data that showed 260, 000 citizens filed for jobless benefits last week at a number below economists’ expectations, Reuters reported.
Durable goods orders excluding aircraft increased 1.3 percent in October to exceed expectations but consumer spending only grew 0.1 percent for the month to show a pace below what economists expected, according to Reuters.
Top GovCon Index Gainers
|Symbol||Company||$ Current Price||Net Change||% Change|
|Index||Value||Net Change||% Change|
|S&P 500||2, 088.88||-0.26||-0.01%|
|Dow Jones Industrial Average||17, 813.39||+1.20||+0.01%|