Schwab, Fidelity resolve temporary disruptions on frenetic trading day

 Charles Schwab (SCHW.N), opens new tab and Fidelity Investments have resolved technical issues with their apps, the online brokerages said on Monday, on a day users rushed to trade as markets slumped on rising fears of a U.S. recession.

Some customers struggled to log in to their accounts, the companies had said earlier in the day, without elaborating.

Wall Street’s main indexes plunged at the open as weak economic data, drab quarterly earnings from technology behemoths and geopolitical tensions dampened hopes of a soft landing before recouping some of the losses.