Stocks fell Friday as traders appeared to book profits following the latest batch of corporate earnings releases and new U.S. jobs data.
The Dow Jones Industrials crumbled 150.23 points to end Friday at 35,065.22.
The S&P 500 index handed back 23.86 points to 4,478.03.
The NASDAQ index retreated 50.48 points to 13,909.24.
All the major indexes ended the week lower. The NASDAQ slid 2.8% and S&P 500 was down about 2.3%. The Dow moved 1% lower on a week-to-date basis.
Friday marked the final day of what's been the busiest week of second-quarter earnings season. Amazon jumped 8.3% to its highest level in nearly a year after trouncing expectations on profit and offering positive guidance. Apple lost 4.8% after reporting lower revenue than the year-ago quarter.
In a sign of the boom in travel and services demand, Booking Holdings gained 7.9% on stronger-than-expected results. Amgen popped 5.5% on solid earnings and a boosted guidance.
Earnings reports this season for the quarter ended in June have continued to surprise some Wall Street analysts as the expected slowdown in profits proves less than feared. About 84% of S&P 500 companies have given results, with 80% surpassing Wall Street expectations,
Investors also got another hint into the state of the labour market, with Friday's payrolls report. The data showed 187,000 jobs added in July, less than the 200,000 expected by economists polled by Dow Jones. The unemployment rate also ticked lower to 3.5% from 3.6%.
Despite the cooler headline numbers, average hourly wages pointed toward more inflation and came in ahead of expectations, rising 0.4% for the month, and 4.4% on an annualized basis. That came in slightly ahead of the 0.3% and 4.2% expected, respectively.
Prices for the 10-year Treasury gained sharply, lowering yields to 4.04% from Thursday's 4.18%. Treasury prices and yields move in opposite directions.
Oil prices gained $1.08 to $82.63 U.S. a barrel.
Gold prices improved $7.80 to $1,976.60 U.S. an ounce.