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Stock Market Today: Dow, S&P Live Updates for September 3

Shares fell at the start of a historically challenging month for the market, with traders bracing for a flood of data offering insight into the health of the world’s largest economy.

Wall Street traders took some risks after a rally that brought the S&P 500 close to an all-time high. US manufacturing activity shrank for a fifth straight month in August, reflecting faster declines in orders and output. The report kicks off a busy week of economic data that culminates with the all-important jobs report on Friday.