New Delhi, June 5 -- Wall Street benchmarks declined on Friday as a pullback in semiconductor equities halted recent gains, while robust employment data solidified expectations for sustained Federal Reserve monetary tightening.

As of 9:59 a.m. Eastern Time, the S&P 500 fell 1.1%. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq Composite fell 1.8%.

At the opening bell, the Dow Jones Industrial Average rose 48.1 points, or 0.09%, to 51610.02. The S&P 500 fell 47.0 points, or 0.62%, to 7537.36​, while the Nasdaq Composite dropped 294.4 points, or 1.10%, to 26,536.593.

Leading the market downturn, Nvidia fell 3.1% while Broadcom dropped 3.9%.

The Labor Department reported an unexpected surge of 172,000 positions in May, d...