It was a mixed start to the week with the Dow Jones Industrial Average and S&P 500 managing small gains, while the Nasdaq remained in the red. Consumer staples and telecom stocks were the best performers on Wall Street.  It was another bruising day for Foot Locker Inc. (FL) as its shares sold off in sympathy with Nike Inc. (NKE) , which was lower on a Jefferies downgrade. Foot Locker, a major carrier of Nike products, has declined for three days in a row. KeyBanc reiterated Broadcom Ltd. (AVGO) as OVERWEIGHT ahead of its earnings report on Thursday. The firm believes chipmaker Broadcom is likely to get a boost when Apple Inc. (AAPL) releases its highly anticipated iPhone 8. Lions Gate Entertainment Corp. (LGF) topped a quiet box office weekend with its new release, The Hitman's Bodyguard. The Samuel L. Jackson action film took the top spot with $21.6 million in domestic takings.

More from Video

The CEO of Wall Street Disruptor Symphony Reacts to Tuesday's Market Declines

The CEO of Wall Street Disruptor Symphony Reacts to Tuesday's Market Declines

60 Seconds: What is the Yield Curve and Why is it Screaming Recession?

60 Seconds: What is the Yield Curve and Why is it Screaming Recession?

Coke Has Figured Out How to Stay Relevant (Watch)

Coke Has Figured Out How to Stay Relevant (Watch)

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Jim Cramer: If You're Afraid of the 10-Year Yield, Go to Cash

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar

Video: Jim Cramer on Rising Interest Rates, Trade Worries & Caterpillar