The GovCon Index has continued into third straight day of decline to close down 0.597 points at 75.304.
Even with a boost from commodity stocks all three markets declined due to downturn in biotech stocks, according to the Bloomberg Business.
The Dow Jones Industrial Average lost 42.17 points to 18, 037.97, the S&P 500 composite index declined 8.83 points to 2, 108.86 and the NASDAQ composite index fell 33.92 points to 5, 058.16
Top Percentage Gainers
The big winners for the day in the government contracting market were Intelsat up 5.05 percent to 12.48 and Orbital ATK up 1.34 percent to 73.89.
| Â Advancing Issues | Â Â 5 (16.67%) |
| Â Declining Issues | Â Â 25 (83.33%) |
| Â Unchanged Issues | Â Â Â 0 |
Market Summary
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.
