On Friday, stocks fell about 1 percent as another month of tepid jobs growth underlined concerns that the U.S. economy was stalling, though not to the point where more economic stimulus from the Federal Reserve was imminent.

The losses of Friday meant the S&P 500 index ended the week 0.6 percent lower. The S&P 500 fell 0.6 for the week while the Dow fell 0.8 percent. The Nasdaq rose for a fifth straight week, but this week's gain was less than 0.1 percent. Teradata Corp (TDC.N) was the S&P's biggest percentage decliner, off 10.5 percent at $65.01, followed by Citrix Systems (CTXS.O), down 7.6 percent at $77.45.

In June, about 80,000 non-farm payroll jobs were added, the third straight month employment grew by less than 100,000 jobs. However, most investors were of the view that the weaker-than-expected figure was not enough to spur the Federal Reserve to undertake a third round of quantitative easing to stimulate growth.

"This isn't disappointing enough for QE3, but it suggests an extended period of sluggish growth and limited improvement on the jobs front," said Eric Teal, who helps oversee $4.5 billion as chief investment officer at First Citizens Bancshares Inc in Raleigh, North Carolina.

The Dow Jones industrial average .DJI was down 124.20 points, or 0.96 percent, at 12,772.47. The Standard & Poor's 500 Index .SPX was down 12.90 points, or 0.94 percent, at 1,354.68. The Nasdaq Composite Index .IXIC was down 38.79 points, or 1.30 percent, at 2,937.33.