Roundup: U.S. stocks drop, oil prices fall as strong U.S. jobs report prompts rate concerns

NEW YORK, Feb. 3 (Xinhua) -- A stronger-than-expected U.S. employment situation report weighed on markets Friday, causing both the U.S. stocks and oil prices to end noticeably lower.

The Dow Jones Industrial Average fell 127.93 points, or 0.38 percent, to 33,926.01. The S&P 500 sank 43.28 points, or 1.04 percent, to 4,136.48. The Nasdaq Composite Index shed 193.86 points, or 1.59 percent, to 12,006.95.