The 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 NasdaqÂ 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|
*Also listed in the S&P 500 composite index
|Advancing GovCon Index Issues||Â 25|
|Declining GovCon Index Issues||5|
|Unchanged GovCon Index Issues||0|
|Index||Value||Net Change||% Change|
|S&P 500||1, 945.50||+27.72||+1.45%|
|Dow Jones Industrial Average||16, 620.66||+228.67||+1.40%|