Thus, as we pass the midday hour on the East Coast, the major market averages are under intense pressure, particularly those that are large-cap weighted. The strong labor figures pushed the dollar higher once again against a basket of international currencies. A stronger greenback—and the resultant unfavorable foreign currency translation effect on the performance of the large multinational companies, many of which make up the Dow Jones Industrial Average, is also behind the weakness we are seeing today; all 30 of the blue-chip stocks are down.