Stock Market Today: Dow, S&P Live Updates for Sep. 3, 2021 - Bloomberg

Stocks and bonds dropped as traders assessed weak jobs data at a time when the Federal Reserve considers a reduction in economic stimulus.

The S&P 500 retreated, with all major groups moving lower. U.S. hiring downshifted abruptly in August with the smallest jobs gain in seven months. Nonfarm payrolls increased 235,000 after an upwardly revised 1.05 million gain in July. The median estimate in a Bloomberg survey of economists was for a 733,000. The unemployment rate fell to 5.2%.

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