Healthcare stocks in the S&P 500 composite index led advancers in U.S. markets at 2.5 percent and 2 percent, respectively.
Dual S&P 500-GovCon Index company and pharmaceutical services provider McKesson Corp. (NYSE: MCK) was the GCI’s top gainer at 5.51 percent and sixth-largest traded in Wednesday volume at 1.5 million shares versus the 10-day average of 1.3 million.
Fed meeting minutes from its mid-March meeting indicated a split in whether to hold baseline interest rates at current levels of 0.25-to-.0.50 percent due to global economic risks, according to CNBC.
Crude oil futures in New York jumped 5.2 percent to $37.75 a barrel on data that showed U.S. stockpiles fell 4.9 million barrels in the week ended April 1.
Top GovCon Index Gainers
Symbol | Company | $ Current Price | Net Change | % Change |
---|---|---|---|---|
MCK | McKesson Corp.* | 163.21 | +8.52 | +5.51% |
HII | Huntington Ingalls Industries | 140.69 | +3.34 | +2.43% |
VEC | Vectrus | 22.33 | +0.47 | +2.15% |
CACI | CACI International | 105.98 | +2.08 | +2.00% |
HRS | Harris Corp.* | 76.49 | +1.43 | +1.91% |
* Also listed in the S&P 500 composite index
Market Summary
Advancing GovCon Index Issues | 26 |
Declining GovCon Index Issues | 3 |
Unchanged GovCon Index Issues | 1 |
Index | Value | Net Change | % Change |
---|---|---|---|
GovCon Index | 74.769 | +0.874 | +1.183% |
S&P 500 | 2, 066.66 | +21.49 | +1.05% |
Dow Jones Industrial Average | 17, 716.05 | +112.73 | +0.64% |
NASDAQ | 4, 920.71 | +76.78 | +1.59% |