The three major US markets saw declines as several companies reported disappointing quarterly returns.
Increased worries about China’s economy slowing down and the drop in crude oil prices placed pressure on the markets.
The Dow Jones Industrial Average closed at 17, 568.53 off 163.39 points, the S&P 500 composite index slipped 22.50 points to 2, 079.65, and the NASDAQ composite index declined 57.78 points to 5, 088.63.
Market Summary
 Advancing Issues |    3 (10.00%) |
 Declining Issues |    27 (90.00%) |
 Unchanged Issues |     0 (0%) |
Executive Mosaic’s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.