The GovCon Index mirrored slight downturns in U.S. markets during Tuesday’s trading session as it closed with a decline of 0.054 points to 73.135.Investors reacted to losses in Apple (Nasdaq: APPL) as the iPhone maker at one point traded 3.5 percent below its Monday closing price of 118.44, CNBC reported.
Apple’s stock is currently on a five-day stretch of declines and energy shares continued to see losses, according to CNBC.
CNBC also cited continued speculation over the next interest rate increase as a driver of trading activity in Tuesday’s session.
The Dow Jones Industrial Average fell 47.51 points to 17, 550.69, the S&P 500 composite index lost 4.72 points to 2, 093.32 and the NASDAQ composite index declined 9.84 points to 5, 105.55
Top Percentage Gainers
| Company | $ Current Price | $ Change | % Change |
|---|---|---|---|
| Engility Holdings | 21.48 | +0.32 | +1.51% |
| Cubic Corp. | 44.93 | +0.60 | +1.35% |
| Health Net | 68.65 | +0.70 | +1.03% |
| Lockheed Martin | 209.53 | +1.74 | +0.84% |
| CGI Group | 37.58 | +0.31 | +0.83% |
Market Summary
| Â Advancing Issues | Â Â Â 9 (30.00%) |
| Â Declining Issues | Â Â 21 (70.00%) |
| Â Unchanged Issues | Â Â Â 0 |
Executive Mosaic’s GovCon Index is a composite index that tracks 30 of the largest publicly-traded Government Contracting (GovCon) firms.
