Standard & Poor's closes below 3000 points on renewed trade war concerns

US stocks fell for the second session in a row on the renewed concerns over the war with pressure on the energy and technology sectors as corporate results continue.

US President Donald Trump said that Washington may impose tariffs on imports of Chinese goods worth an additional $325 billion if no agreement is reached with Beijing.

Trump stressed that the road is still long before talking about the possibility of reaching an agreement with China, which renewed fears about the trade war.

US housing starts fell 0.9 percent to 1.25 million units last month, and construction permits fell 6.1 percent to 1.22 million, according to government data.

In the crude market, West Texas fell 1.5% to close at $56.78 per barrel, the lowest closing since early this month, with a high of $58.3 and a low of $56.2.

Brent fell 1.1% to $ 63.66 a barrel, recording a high of $ 65.2 and a low of $ 63.2.