All three major US stock indices declined, with the Nasdaq Composite incurring the biggest loss as rising US Treasury yields pressured growth-related stocks leading the market.
It also posted weekly losses, with the S&P500 index posting its biggest drop in two weeks since February.
The Dow Jones Industrial Average fell 168.15 points, or 0.48%, to 34,583.17 points, the S&P500 index closed down 41.06 points, or 0.92%, to 4432.69 points, and the Nasdaq Composite Index fell 137.96 points, or 0.91%, to 15043.97 points.
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