Early Update – The Correction/Consolidation Has Started

10:55 a.m. ET The stock market opened decidedly weaker with the NASDAQ, Transports and Small Caps lagging their peers. There’s a heavy bias towards declining issues at the open with decliners leading advancers by a nearly 6-to-1 margin at the NYSE and a 7-to-2 margin at NASDAQ. SP-500 -1%, Dow -0.7% (Transports -2.15%), NASDAQ-100 -1.65%, -1.95%…