The GovCon Index turned around losses incurred during the morning session Tuesday but fell late afternoon to end at a nominal decline of 0.022 points to 77.949.
Energy shares led the rebound in the S&P 500 composite index and registered an overall gain for the fifth consecutive day as oil futures settled at up 3.68 percent to $47.84 in New York, according to Bloomberg.
Traders have pegged the odds of an interest rate increase this year at more than 50 percent, Bloomberg said.
Top GovCon Index Gainers
|Company||$ Current Price||$ Change||% Change|
|Index||Value||Net Change||% Change|
|S&P 500||2, 109.78||+5.73||+0.27%|
|Dow Jones Industrial Average||17, 918.15||+89.39||+0.50%|