US stocks fall at start of trading due to global economy concerns

US stocks fell at the start of trading today as concerns about global economic growth intensified after negative data in the euro area.

European data showed manufacturing PMI fell at its fastest monthly pace in six years in February.

The data coincided with concerns over the US-China trade negotiations, which have yet to give any results on the agreement.

This comes despite US President Donald Trump's conflicting comments on the near-agreement and progress in trade negotiations, while this week he threatened to keep tariffs against Beijing.

CNBC sources revealed that Trump wanted to raise China's supply of US goods and services by two to three times from its previous bid of $1.2 trillion.

Dow jones fell 0.8% (224 points) to 25737 points, Nasdaq fell 0.8% (69 points) to 7769 points, while Standard & Poor's shed 0.8% Point) to 2831 points.