Nasdaq leads stock selloff as September begins

  • Nasdaq leads stock selloff as September begins

    All three of the major averages fell as the new month kicked off and ahead of Friday's jobs report. The Nasdaq Composite paced the declines led by Nvidia after the chipmaker disclosed it faces new government restrictions with business in China raising speculation other companies, such as Tesla, may face similar challenges. In commodities, oil fell 2% to the $87 per barrel level.

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