The Dow Jones Industrials swooned 187.38 points to conclude Friday at 33,734.88.
The S&P 500 slid 12.64 points to 4,398.95.
The NASDAQ index fell 18.33 points to 13,660.72.
All three major averages suffered a losing week. The S&P 500 is off by about 0.6%, while the NASDAQ took a 0.3% decline. The Dow was the underperformer of the three, tracking for a 1.5% loss.
The U.S. Labor Department’s June jobs report showed payrolls increase less than expected and a cooldown in growth from May. Non-farm payrolls rose by 209,000, while the unemployment rate came in at 3.6%. Economists polled by Dow Jones had anticipated 240,000 positions added and a similar jobless level.
But parts of the report may give the Federal Reserve reason to resume hiking later this month. The closely watched wages numbers came in slightly stronger than expected. Average hourly earnings increased by 0.4% in June and 4.4% from a year ago. Meanwhile, the unemployment rate declined from 3.7% in May.
Prices for the 10-year Treasury were lower, raising yields to 4.06% from Thursday’s 4.04%. Treasury prices and yields move in opposite directions.
Oil prices gained $1.90 to $73.70 U.S. a barrel.
Gold prices regained $16.00 to $1,931.40 U.S. an ounce.