Steep declines on Wall Street: S&P500 loses 1.6%, Dow Jones 1.8%, Nasdaq 2%, while the fear index increases by 15%, after new US data raised fears among investors about the state of the economy

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Steep declines on Wall Street: S&P500 loses 1.6%, Dow Jones 1.8%, Nasdaq 2%, while the fear index increases by 15%, after new US data raised fears among investors about the state of the economy

US stocks are trading sharply lower in the last session of the week, and are on track to erase all of their gains from...