U.S. stocks fell sharply on Sept. 3 as weak manufacturing reports and a decline in construction spending fanned fears of an economic slowdown.
According to preliminary data at market close, the benchmark S&P 500 lost 118.64 points, or 2.10 percent, to end at 5,529.76 points, while the Nasdaq lost 576.06 points, or 3.25 percent, to 17,137.56. The Dow Jones Industrial Average fell 618.72 points, or 1.49 percent, to 40,944.36.
