U.S. stocks fell sharply on Friday after a stronger-than-expected jobs report sent interest rates higher.
The Dow Jones industrial average dropped 674 points, with Exxon Mobil sliding 5.3 percent. The 30-stock index also fell below 26,000. Friday also marked the first time since June 2016 that the Dow fell at least 500 points.
The S&P 500 fell 2.15 percent, with energy as the worst-performing sector. The Nasdaq composite declined 1.96 percent as a decline in Apple and Alphabet offset a strong gain in Amazon shares.
Read more at CNBC.