Employers added 295,000 workers to payrolls last month, more than forecast, and the unemployment rate dropped to 5.5 percent, the lowest in almost seven years, figures from the Labor Department showed Friday.
The Dow Jones industrial average fell 278.94 points, or 1.54 percent, to 17,856.78, the S&P 500 lost 29.78 points, or 1.42 percent, to 2,071.26 and the Nasdaq Composite dropped 55.44 points, or 1.11 percent, to 4,927.37.
South Korean taxi drivers hold a protest in February demanding that Uber withdraw its ride-sharing services from the country. (EPA).
Tesla Motors has planned to hire more staff members at its new stationary-storage unit for manufacturing of battery packs. The company is planning to enter battery segment for home, businesses and utlities.
Amazon has been struggling to make inroads in China. Now it's turned to the same venue as every other retailer hoping to reach Chinese shoppers online: its archrival Alibaba.