Early Update – NASDAQ and Small Caps Outperform

11:01 a.m. ET The averages dropped at the open, but tech-heavy NASDAQ-100 and Small Caps are displaying much better early relative performance. Value stocks are still being hammered, but the influential large-cap and mega-cap Tech stocks are displaying much better relative performance and the market absolutely needs these to gain any upside traction. SP-500 -0.7%,…