The bags fall in the face of greater hostility between the United States and China

HONG KONG (CNNMoney) –

Global markets fell sharply Tuesday as trade hostilities between Washington and Beijing intensified

At the close of negotiations, the main index on the New York Stock Exchange the Dow Jones, lost 1.15% to 24,700 units, Nasdaq technology fell 0.28% to 7.725 and the S & P 500 closed with a decline of 0.40 % to 2,762 units.

The price and price index (S & P / BMV CPI), which includes the 35 most liquid issuers on the market, lost 0.37% to 46,488.

The coup d 'état was deeper in Asia, where Shanghai Composite closed 3.8% and Hang Seng of Hong Kong fell 2.8%. The benchmarks in Tokyo and Seoul have also fallen.

Lee: The victims of the "trade war" between the United States and China are the companies

The falls come after a series of escalation decisions in the trade war that is being created between the United States and China, the two largest economies in the world.

President Donald Trump threatened on Monday night that the United States would impose duties on an additional $ 200 billion of Chinese goods if Beijing honored its promise of retaliation against US tariffs announced Friday.

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The Chinese Ministry of Commerce said it would "hit hard" with "measures equal to the decision of the states In quantity and quality ".

The Hong Kong and China mainland markets were closed Monday due to a national holiday, so that they reacted to the wave of announcements of two parties intervened after the closure on Friday. the evening.

Lee: US companies among the victims of a "trade war"

Trump's most recent threat eclipsed the mood of negative entry on the markets, according to Stephen Innes, head of Asia-Pacific negotiations of Oanda's online futures brokerage firm.

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Trade concerns have helped push the stock of Shanghai to its lowest level in about two Investors have also been concerned about signs that the huge Chinese economy is showing signs of slowing down.

The sectors most affected Tuesday in the index include telecommunications and technologies.