<br /> According to Reuters, stocks fell globally after the U.S. released its latest jobs data report.<br />The major world stock markets sank for a second straight day on Friday.<br />Strong U.S. jobs numbers signaled a continued tightening of the labor market.<br />The Labor Department report also showed a rise in wages.<br />This means the Federal Reserve could remain on track for more interest rate hikes.<br />“The jobs report has become a inflation report,” Russell Price, Senior Ameriprise Economist<br />A steep sell-off in U. <br />
