US stock futures extended losses Friday after a weaker-than-expected jobs report fueled concerns about a slowing labor market. S&P 500 futures dropped 1.1%, Dow Jones futures fell 0.8%, and Nasdaq 100 futures declined 1%. The July nonfarm payrolls report showed just 73K jobs added, well below forecasts of 110K, and after sharp downward revisions to the prior two months. Employment in May and June combined is 258K lower than previously reported. The unemployment rate ticked up to 4.2%. Wage growth remained steady at 0.3% month-on-month. In corporate news, Amazon slid over 7% after disappointing earnings, casting a shadow over an otherwise strong tech earnings season. Nvidia fell nearly 2%, while Apple gained 1.6% after beating expectations. Meanwhile, President Trump’s new round of reciprocal tariffs took effect, raising average US tariffs to 15%.