Stocks extend losses in downbeat start to September

Stocks extend losses in downbeat start to September

U.S. stocks fell lower to start the month after all three major averages registered their biggest August percentage declines since 2015.

The S&P 500 edged down 0.5%, and the Dow Jones Industrial Average erased 105 points, or 0.3%. Tech continued to lead the way down, with the Nasdaq Composite sliding 0.9%. Meanwhile, the benchmark U.S. 10-year Treasury yield reached 3.257%, its highest level since June.

A downbeat start to September comes on the heels of four straight sessions of selling amid…


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