Averages lower as Nasdaq tumbles The major equity indexes are uniformly lower with the tech-heavy Nasdaq currently under serious pressure down more than 2.2% to log the day's largest losses. The U.S. jobs report earlier in the session was a bit below expectations, and after a quiet first hour of trade the Nasdaq began its recent pattern of leading the averages lower. Market internals are negative across the board, with Nasdaq-listed stocks trading 5:1 in favor of declining stocks with down volume leading up volume on that exchange by 8:1. Crude oil prices are up about 1% and gold is up 1.5%. The Dow is down 95 points, the S&P 500 was down 17 points, and the Nasdaq is down 99 points.