US equities closed broadly lower after the economy added fewer new jobs last month than expected, and a survey found consumers increasingly worried about rising prices, bolstering the case for the Federal Reserve to hold rates steady for longer.

At the closing bell, the S&P 500 had fallen 1 per cent, as had the Dow Jones Industrial Average. The Nasdaq Composite shed 1.4 per cent. ASX futures were pointing to an opening loss for local shares on Monday.