Nonfarm payrolls increased by 134,000 jobs last month, the fewest in a year, likely as Hurricane Florence depressed restaurant and retail jobs.
European shares fell in early trade on Thursday, led by defensive stocks, while banks tracked gains by their USA peers after strong data lifted Treasury yields to their highest since mid-2011.
Jeffrey Gundlach, chief executive of Doubleline Capital, told Reuters yesterday that the 30-year US Treasury bond yield has broken above a multi-year base, which should lead to significantly higher yields for financial markets.
The pan-European FTSEurofirst 300 index lost 0.86 percent and MSCI's gauge of stocks across the globe shed 0.67 percent.
The yield on the benchmark 10-year note US10YT=RR hit a fresh seven-year high of 3.232 percent overnight following data released the previous day that was seen as increasing the odds a Friday payrolls report would also be stronger than expected.
The CBOE Global Markets volatility index .VIX , known as Wall Street's "fear gauge", jumped as high as 15.84 points, its highest since August 15.
A steep sell-off in U.S. Treasury bonds that started midweek and pushed 10-year yields to seven-year highs has weighed on stocks and rippled through bond markets globally.
The Dow Jones Industrial Average advanced 54.45 points, or 0.20 percent, to 26,828.39. The dollar index fell 0.1 percent The euro was up 0.02 percent to $1.1515.
Tyrrell Hatton distraught after striking spectator at Dunhill Links Championship
A similar incident at last week's Ryder Cup had seen a women suffer a serious eye injury having been hit by Koepka's ball. I was getting updates when I was out on the golf course, because I wanted to know how she was doing.
PSN Name Changes May Soon Be Possible
Sony have previously said they are aware many people would like the feature but it was technically very hard to implement. One of the most-requested features from PlayStation owners has been the ability to change their PlayStation Network ID.
'The Walking Dead' Actor Scott Wilson Dies at 76
According to TMZ , Wilson has more than 50 movie credits, but is most known for playing Hershel Greene on "The Walking Dead ". With over 80 acting credits to his name, Wilson earned his first acting gig in 1967's In the Head of the Night .
"This week has been a bit of a bloodbath on the fixed income side of things", said Dean Popplewell, chief currency strategist at Oanda in Toronto. The Japanese yen was little changed versus the greenback at ¥113.89 to the dollar.
Oil prices rose on Friday, two days after hitting four-year highs, lifted by looming US sanctions against Iran's crude exports that are set to start next month.
Fears about Italy's finances pushed Milan stocks down 1.3 percent, while London's FTSE, Frankfurt's DAX and the CAC in Paris were off 0.95 to 1.4 percent.
Twitter dropped 0.5 percent, giving up earlier gains after Greenlight also said it sold its entire stake in the company due to worries about regulatory risks affecting social media companies.
On oil markets both main contracts edged down after serving up yet another sharp rise on Wednesday on the back of comments from US Secretary of State Mike Pompeo and White House National Security Advisor John Bolton regarding Iran that exacerbated worries about a supply hit from the region.
USA crude CLcv1 oil futures rose 0.7 percent to $74.85 a barrel and Brent crude LCOc1 futures gained 0.5 percent to $85.00 a barrel.
Danske Bank fell 2.3 per cent after it discontinued its share buyback programme and said it was in talks with U.S. authorities about non-resident accounts at its Estonian branch, which are at the centre of a $235 billion money laundering scandal. Oil prices slipped from four-year highs, pressured by rising USA inventories and after sources said Russian Federation and Saudi Arabia struck a private deal in September to raise crude output.
The combination of rising oil prices, borrowing costs and a climbing dollar have also been rocking emerging markets, which tend to be vulnerable to all three.