Wall Street experienced a sharp decline on Friday, led by the Nasdaq's significant fall, as a robust US jobs report fueled concerns about sustained high interest rates from the Federal Reserve. The strong employment figures intensified inflation worries, making rate cuts less likely and potentially increasing the chance of a future hike.

The Nasdaq lost nearly a month's worth of gains Friday.

Stocks are sinking on Wall Street as big technology companies lost ground and weighed down the broader market

S&P 500 snaps 9-week streak of Friday-to-Friday gains