Bloomberg cited losses in small cap and biotechnology stocks as a driver of declines in U.S. stock markets Thursday and continued scrutiny of investors on the Federal Reserve‘s two-day meeting notes.
Traders also weighed economic data that showed consumer spending rose in March and U.S. jobless claims declined to a 15-week low, according to Bloomberg.
The Dow Jones Industrial Average fell 1.08 percent to 17, 840.52, the S&P 500 composite index declined 1.01 percent to 2, 085.51Â and the NASDAQ composite index lost 1.64Â percent to 4, 941.43.
Percentage Gainers
 Company |  Stock Price |  $ Change |  % Change |
 CACI International |   88.24 |   1.86 |   2.15% |
 Intelsat |   12.59 |   0.17 |   1.37% |
 Harris Corp. |   80.24 |   0.98 |   1.24% |
 Cubic Corp. |   49.58 |   0.22 |   0.45% |
  Exelis |   24.52 |   0.08 |   0.33% |
Market Summary
 Advancing Issues |    4 (13.33%) |
 Declining Issues |   26 (86.66%) |
 Unchanged Issues |    0 |
Executive Mosaic‘s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.