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

World shares were mixed on Thursday after the latest U.S. economic data calmed frazzled nerves on Wall Street.

U.S. stock indexes are feeling pressure from better-than-expected reports on the job market and business activity.