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February 22 Market Close: GovCon Index Up on Strong Day For All Markets

GovConIndexUPThe GovCon Index climbed significantly today closing at 72.232 up 1.114 percent, pulling itself out of correction.

All three markets — the Dow Jones Industrial, S&P 500 and the Nasdaq Composite — all showed robust gains approaching 1.50 percent, with WTI crude oil closing up 6.21 percent to $31.48.

As reported by CNBC, Honeywell (NYSE:HON) and United Technologies Corp. (NYSE: UTX) have held talks about the possibility of a merger that would form a $94 billion organization.

Top GovCon Index Gainers

Symbol Company $ Current Price Net Change % Change
NAV Navistar 8.66 +0.85 +10.88%
SAIC SAIC 44.32 +1.29 +3.00%
ACM AECOM 26.77 +0.71 +2.72%
TXT Textron Inc.* 34.16 +0.88 +2.64%
EGL Engility Holdings 13.76 +0.35 +2.61%

*Also listed in the S&P 500 composite index

Market Summary

Advancing GovCon Index Issues  25
Declining GovCon Index Issues 5
Unchanged GovCon Index Issues 0
Index Value Net Change % Change
GovCon Index 72.232 +0.796 +1.114%
S&P 500 1, 945.50 +27.72 +1.45%
Dow Jones Industrial Average 16, 620.66 +228.67 +1.40%
NASDAQ 4, 570.61 +66.18 +1.47%

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