After just over an hour of trading, the Dow Jones industrial average fell 0.2 percent, the broad S&P 500 index fell 1 percent, and the technology-heavy Nasdaq composite index fell 1.8 percent.
On Friday, data showed that 172,000 new jobs were created outside the agricultural sector in May. Analysts had expected an average of 88,000.
This reduces the chance of interest rate cuts when the Federal Reserve (Fed) meets on June 17.
The stock market also continues to be concerned about the overvaluation of technology companies after a weak AI forecast from chipmaker Broadcom.
On Friday, Broadcom continued to decline, falling 4.1 percent. Industry peers Marvell Technology and Micron Technology fell 6.4 percent and 5.2 percent, respectively.
