Ever since the Consumer Price Index report was released, the US stock market has continued to take a beating. On Friday, according to a Reuters report, Wall Street stumbled to its two-month low as fears of a global recession loomed amid a slowdown.

As recession fears mount, Wall Street tumbles to a two-month low

US stocks sunk to a new low on Monday as the S&P 500 fell 3.9 per cent to 3,749.82 entering the "bear market" phase. Wall Street stocks fell for the fourth consecutive day on Monday amid fears of a recession.

Wall Street stocks crash; S&P 500 enters 'bear market' amid recession fears

US President Donald Trump today spoke on the phone with Prime Minister Narendra Modi

WION Morning News Brief, February 9, 2018

The Nifty fell 294.50 points to 10,372.05, a fall of 2.76%

After Wall Street bloodbath, Sensex plunges over 1,000 points