New York (AFP)

The New York Stock Exchange ended in the red Tuesday, the prospect of an impending trade agreement between the United States and China seeming to move away after remarks by Donald Trump.

Its flagship index, the Dow Jones Industrial Average, fell 1.01% to 27,502.81 points.

The Nasdaq, with strong technological color, lost 0.55%, to 8,520.64 points, and the expanded index S & P 500 dropped 0.66% to 3,093.20 points.

This is the third session of decline in a row for the main indices of New York.

Sign of instability in the stock market on Tuesday, the index measuring the volatility of the New York Stock Exchange, the VIX, reached its highest in a month and a half.

Asked about negotiations on a trade deal with China, Donald Trump said Tuesday in London, where he is for a NATO summit, he had no deadline.

"In a way, I like the idea of ​​waiting after the election for the agreement with China," said the US president considering his reelection.

In addition, the Trump administration has threatened to impose additional tariffs of up to 100% on 2.4 billion French products if Paris does not waive its tax on digital companies.

The tenant of the White House and his counterpart Emmanuel Macron have subsequently tried to calm the game, evoking a dispute that could be resolved through dialogue.

- "Clopinettes" -

On Monday, the US president announced US tariffs on imports of steel and aluminum from Brazil and Argentina, justifying its decision by the need to respond to the devaluation of currencies of these countries.

"Trump seems to think that any country with a trade surplus with the United States and a weak currency, or any major commercial rival, is a bad actor and now seems ready to apply tariffs to almost anyone," he said. commented Karl Haeling of LBBW.

The US president, however, tried to minimize the fall of Wall Street, considering that it was "peasants", compared to the rise of the Dow Jones, Nasdaq and the S & P 500 since his election in November 2016.

Mr. Trump has often praised the records of major New York indexes during his presidency, saying that they reflect the good health of the US economy.

In the bond market, the 10-year rate on US debt fell sharply, to 1.714% around 21.40 GMT, against 1.844% the day before closing.

Among the values ​​of the day, several semiconductor companies, particularly dependent on commercial relations, have fallen, including Nvidia (-2.68%), Micron (-2.68%) and Advanced Micro Devices (-1.65%). ).

Shares in Caterpillar (-2.83%) and Deere (-1.74%), which are generally considered as global trade gauges, also suffered, like Apple's, down 2.58%.

Several department store chains also pulled back despite a survey by the leading retailers' federation (NRF) showing solid sales in the United States as of the opening of the holiday season. Walmart (-0.51%), Kroger (-1.26%), Kohl's (-1.88%), Macy's (-3.44%) all fell.

© 2019 AFP