November 25 Market Close: GovCon Index Shows Little Change on Light Volume Day

GovConIndexDOWNThe 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
SAIC SAIC 49.33 +1.36 +2.84%
EGL Engility Holdings 34.69 +0.62 +1.82%
NAV Navistar International 14.41 +0.24 +1.69%
MMS Maximus 55.46 +0.92 +1.69%
BAESY BAE Systems 30.70 +0.45 +1.49%

Market Summary

Advancing Issues 16
Declining Issues 13
Unchanged Issues 1
Index Value Net Change % Change
GovCon Index 79.674 -0.007 -0.009%
S&P 500 2, 088.88 -0.26 -0.01%
Dow Jones Industrial Average 17, 813.39 +1.20 +0.01%
NASDAQ 5, 116.14 +13.34 +0.26%

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