The GovCon Index held steady despite general choppy activity in U.S. financial markets during Thursday trade and closed at a gain of 0.304 points to 77.857 on strong performances by many platform and product makers in the contracting arena.
Lockheed surged after Denmark’s government announced its recommendation for the country’s military to purchase close to $3 billion in F-35 fighter jets.
U.S. stocks struggled for clear direction ahead of an April retail sales report scheduled for release Friday morning as telecommunication stocks gained while healthcare and technology shares were the worst-performing sectors in the S&P 500 composite index.
Crude oil futures in New York settled up 1.02 percent to $46.70 a barrel in a recovery from a midday dip into negative.
Top GovCon Index Net Gainers
|Symbol||Company||$ Current Price||Net Change ▴||% Change|
Top GovCon Index Percentage Gainers
|Symbol||Company||$ Current Price||Net Change||% Change ▴|
|Advancing GovCon Index Issues||18|
|Declining GovCon Index Issues||11|
|Unchanged GovCon Index Issues||1|
|Index||Value||Net Change||% Change|
|S&P 500||2, 064.11||-0.35||-0.02%|
|Dow Jones Industrial Average||17, 720.50||+9.38||+0.05%|