U.S. stocks fell sharply on Friday after a stronger-than-expected jobs report sent interest rates higher.
The Dow Jones industrial average dropped 400 points, with Exxon Mobil sliding 5.4 percent.
"The reaction in the bond market is due to the rise in average hourly earnings," said James Ragan, director of individual investor group research at D.A.
The Cboe Volatility index, widely considered the best fear gauge in the market, rose from 11.08 this week to 14.64.
The e-commerce giant said its Amazon Web Services sales — a key component for the company — hit $5.11 billion.
READ MORE (CNBC)
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