The GovCon Index closed Wednesday with a loss of 0.621 points to 77.761 on oil price declines and remains above the 10-percent mark for a gain against declines in several sectors within the S&P 500 composite index on a year-to-date basis.
Crude futures in New York settled down 3.06 percent to $36.71 a barrel, while brent crude in London fell 3.18 percent to $36.59 a barrel.
Both energy shares and material stocks fell in afternoon trade, CNBC reported.
GovCon Index Gainers
|Symbol||Company||$ Current Price||Net Change||% Change|
* Also listed in the S&P 500 index
|Index||Value||Net Change||% Change|
|S&P 500||2, 063.36||-15.00||-0.72%|
|Dow Jones Industrial Average||17, 603.87||-117.11||-0.66%|