Health Net at 0.33 percent up (NYSE: HNT) was the only Index company to close at a gain as the other 29 stocks ended in negative territory.
The Index has recorded a 2.73-percent loss from its Aug. 28 close of 72.959Â and also is 8.24 percent down from its Aug. 3 close of 77.342.
Data from the Labor Department showed nonfarm businesses added 173, 000 jobs in August and unemployment fell to 5.1 percent — its lowest figure recorded since April 2008 — but gave investors few clues on the Fed’s direction, according to Bloomberg.
Traders priced in the probability of a rate hike at 30 percent after the jobs report’s release, up 26 percent from before it went public, Bloomberg reports.
Executive Mosaic’s GovCon Index tracks 30 large, publicly-traded government contracting firms.
Market Summary
 Advancing Issues |    1 (3.33%) |
 Declining Issues |  28 (96.66%) |
 Unchanged Issues |   0 |
Index | Value | Net Change | % Change |
---|---|---|---|
GovCon Index | 70.966 | -0.987 | Â –1.372% |
S&P 500 | 1, 921.22 | -29.91 | -1.53% |
Dow Jones Industrial Average | 16, 102.38 | -272.38 | -1.66% |
NASDAQ | 4, 683.92 | -49.58 | -1.05% |