Financials Lead Indexes Lower; Toro, General Electric, Iridium Hold Up

Indexes broke key support levels and jobs report is on tap.The major indexes applauded jobless claims early but fell below support levels as the day wore on. Financials were the hardest hit and dropped the S&P 500 and Nasdaq composite below key support levels. Still, there were some stocks holding up during the selling including Toro, GE stock and Iridium.