The FT-SE 100 Index paired earlier gains, dropping 33 points, or 0.6%, to 5,332.
The portion from capital gains dropped by half, and is still falling.
C1 Technology Stocks Step Back The Nasdaq, which had six straight days of gains, dropped 70.37 points, or 3percentto to 2,243.48.
Some of the problems have been pretty basic: the predicted gains dropped by £8 billion after double-counting in the calculations was discovered.
Net income excluding one-time gains dropped to 901 million euros ($792 million), or 47 cents a share, from 976 million euros, or 51 cents, a year earlier.
But as the base rate on capital gains dropped down during the last decade to 20 percent and then to 15 percent, the 14 percent rate for qualified small business stock became trivial.
The employment-population ratio reversed recent gains, dropping back to 58.4% from 58.6%.And for the Federal Reserve, the jobs report contains enough to allow it to do whatever it likes.
The governor's aides calculate that if capital gains drop 10 to 15percentt and bonuses are down by 10percentthethe state's revenues will not grow beyond the $42 billion collected in the last fiscal year, even if the economy does grow by 2percentt.
Within months this winter's crop of initial offerings had given up most of the gains, dropping close to 50% on average from the first day's closing price.
"Pace is looking good," Bonnington said on Hamilton's second lap out of the pits, but although the world champion took more than a second off Rosberg on some laps in an initial burst of speed, his gains dropped off as the tyres wore out.
