According to Reuters, stocks fell globally after the U.S. released its latest jobs data report.
The major world stock markets sank for a second straight day on Friday.
Strong U.S. jobs numbers signaled a continued tightening of the labor market.
The Labor Department report also showed a rise in wages.
This means the Federal Reserve could remain on track for more interest rate hikes.
“The jobs report has become a inflation report,” Russell Price, Senior Ameriprise Economist
A steep sell-off in U.