The US stock market collapsed on Friday, posting its worst single-day loss since December 2024, as traders dumped risk assets on fears of a weakening economy and stubborn inflation, as new economic data showed shaky consumer confidence,

While nobody can predict what the market will do, especially in the short term, some metrics suggest that a downturn could be on the horizon.

Some data points suggest the S&P 500 bull market will continue through 2025. In January, the manufacturing sector expanded for the first time in over two years, while the services sector expanded for 56th consecutive month. Additionally, Wall Street expects S&P 500 companies to report accelerating growth in revenues and earnings this year.

BSE Sensex and Nifty50, the Indian equity benchmark indices, tanked in opening trade on Monday. While BSE Sensex dipped over 500 points, Nifty50 went below 22,650.

Since its listing on the Indian bourses, Zomato’s share price has seen a significant drop of nearly 21% so far. The company has a market cap of Rs 1.98 lakh crore. Its 52-week high stands at Rs 304.70, while the 52-week low is Rs 144.30 per share.

The decline on Friday accelerated following a trio of economic data releases early in the trading session, which painted a worrying picture about the current state of the economy,