U.S. stocks are sinking on worries that Friday’s good news on the job market may be too good and prove to be bad for Wall Street by keeping inflation and interest rates high. The S&P 500 was down 0.8% in early trading and on track for its fourth losing week in the last five.

Asian stocks are mostly lower after U.S. stock indexes finished mixed a day after strong reports on the economy stirred up worries that inflation and interest rates may remain higher than expected

U.S. stocks are recoiling on worries that good news on the job market may prove to be bad for Wall Street by keeping inflation and interest rates high.

Asian stocks are mostly lower as caution revives over a likely deepening of trade friction once President-elect Donald Trump takes office. Shares fell in Tokyo after Japan reported strong wage