Online brokerages including Charles Schwab and Fidelity Investments were down for thousands of users on Monday, according to outage tracking website Downdetector.com.

The reports come against the backdrop of a global rout, with Wall Street's indexes tumbling at the open after weak economic data and drab second-quarter earnings sparked recession fears and prompted a rush out of everything from equities to crypto.

Schwab was down for more than 15,300 users while outage reports on Fidelty reached over 3,000, Downdetector showed.

The website tracks outages by collating status reports from several sources including users.

Vanguard and TD Ameritrade also saw thousands of outage reports, the website showed.

  - Reuters