India, March 24 -- After recovering from an early sell-off to end last Friday's trading modestly higher, stocks are likely to see further upside in early trading on Monday. The major index futures are currently pointing to a sharply higher open for the markets, with the S&P 500 futures up by 1.2 percent.
Early buying interest is likely to be generated in reaction to reports President Donald Trump plans to hold back some of the reciprocal tariffs set to take effect on April 2nd.
A report from the Wall Street Journal said Trump is narrowing his approach to the tariffs, likely omitting a set of industry-specific tariffs.
Bloomberg also said Trump's coming wave of tariffs is poised to be more targeted than the barrage he has occasionally thr...