The GovCon Index ended a three-day stretch of consecutive gains Tuesday with a decline of 0.098 points to 77.248.
A sell-off in Chinese markets and an earnings report from Wal-Mart that missed many analyst estimates sent U.S. markets into negative territory, according to the Wall Street Journal.
Investors also weighed earnings reports from Home Depot and other retailers that exceeded Wall Street forecasts, the Journal reported.
The Dow Jones Industrial Average lost 33.84 points to 17, 511.34, the S&P 500 composite index fell 5.52 points to 2, 096.62 and the NASDAQ composite index declined 32.35 points to 5, 095.35.
Top Percentage Gainers
|Company||$ Current Price||$ Change||% Change|
|Serco Group plc||1.97||+0.13||+7.07%|
|Advancing Issues||14 (46.66%)|
|Declining Issues||16 (53.33%)|
Executive Mosaic’s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.