U.S. stocks began September with declines as investors looked ahead to a busy week of trade negotiations and economic data. The Dow Jones Industrial Average dropped 12 points, or 0.1%, to 25952 intraday, on course to notch its third consecutive loss. The S&P 500 fell 0.2%, and the Nasdaq Composite lost 0.6%. Trade is expected to remain in focus this week with talks over the North American Free Trade Agreement slated to resume Wednesday. President Trump's weekend threats to leave Canada out of a new Nafta kept stocks in Europe and Asia subdued on Monday. Shares of materials and industrials companies, which have struggled for ground this year amid investors' uncertainty over trade policies, were hit by fresh selling. The US gold price was lower by 0.8%, to record 1,191.10 US$/oz.
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