Panic cooled somewhat in the last 15 minutes of trading as the Dow pared losses to end the day down 245.39 points, or 1 percent, at 24,442.92 while the S&P 500 shed 0.7 percent.
Over the past year, said Cui, "we have heard enough of trade war threats, assertions about strategic rivalry, sabre rattling in the South China Sea, and even unfounded accusations against Chinese students and scholars".
The Nasdaq composite, which is heavily weighted with technology stocks, lost 116.92 points, or 1.6 percent, to 7,050.29.
"I can make a deal right now (with China)".
Chelsea vs. Derby County - Football Match Report
Willy Caballero was also a bundle of uncertainty, allowing Derby attackers to get too close and botching several clearances. If this was an audition for Lampard as a future manager at Stamford Bridge, then he can't have done his chances any harm.
Trump's words came ahead of the highly anticipated meeting between him and Chinese President Xi Jinping at the G-20 summit in Buenos Aires, Argentina next month.
China's ambassador to the U.S. said on Tuesday that the "goodwill" and "wisdom" of the Chinese and American people would carry the countries through a tense period in their relations, and that "we have heard enough" of trade war threats and territorial sabre rattling.
The MSCI Emerging Market Index declined 0.2 percent, reaching the lowest in nearly 20 months on its sixth straight decline.
NAB's Mark Todd said he doesn't see China or USA backing down. Australia's S&P-ASX 200 gained 1.3 percent to 5,805.10. Italy's FTSE MIB index rose 1.9% after Standard & Poor's did not downgrade its credit rating. He said 70 percent of voters opposed the $13 billion project.
The CAC 40 in France added 0.4 percent and the British FTSE 100 rose 1.3 percent. Stocks climbed earlier this month after Bolsonaro led the previous round of voting, as investors preferred him to leftist parties.
Red Dead Redemption 2 breaks another record for Rockstar
Both Grand Theft Auto IV and V set records in their day and now the recently released Red Dead Redemption 2 is following suit. Earlier in 2018 Avengers: Infinity War earned more than $640 million during its opening weekend, which RDR2 has since topped.
USA crude fell 1.28 percent to $66.18 per barrel and Brent was last at $76.07, down 1.64 percent.
The dollar strengthened on better-than-expected private payrolls data, lifting the 10-year Treasury yield to 3.14 percent. Heating oil fell 0.8% to $2.28 a gallon.
US crude fell 1.06 percent to $66.33 per barrel and Brent was last at $76.30, down 1.34 percent. Copper was little changed at $2.74 a pound. The euro fell to $1.1390 from $1.1412.
The British pound dipped 0.5 percent to $1.2732. Hong Kong's Hang Seng advanced 0.4 percent.
Nadal pulls out of Paris, Djokovic takes world number one spot
The problem also sidelined him for Spain´s Davis Cup semi-final against France, and also from tournaments in Beijing and Shanghai. Djokovic, who faces Damir Dzumhur in the third round, will reclaim the top ranking for the first time in two years on Monday.