the stock market resumed a trend lower on wednesday with the dow industrials set to erase of its gains from tuesday and then some as selling in energy and financials pressured the main indexes south the dow jones industrial average djia was down 450 points or 13 at 33862 the sp 500 index spx was off 12 at 4292 while the nasdaq composite index comp declined 12 at 14267 on tuesday the dow rose 312 points or 092 to 34315 the sp 500 increased 45 points or 105 to 4346 and the nasdaq composite gained 178 points or 125 to 14434 the slump for stocks came even as a report from automatic data processing inc showed that 568000 privatesector jobs were created in september outpacing estimates from the wall street journal for 425000 however a reading for august was reduced to 340000 from 374000