U.S. Stocks Likely To See Continued Weakness In Early Trading

India, April 7 -- Stocks are likely to come under pressure in early trading on Monday, extending the sell-off seen over the two previous sessions. The major index futures are currently pointing to a sharply lower open for the markets, with the S&P 500 futures down by 2.5 percent.

Concerns about the impact of President Donald Trump's new tariffs and retaliatory moves by U.S. trade partners are likely to continue to weigh on Wall Street.

In his closely watched annual letter to shareholders, JPMorganChase (JPM) CEO Jamie Dimon warned the tariffs will likely lead to higher inflation and slow down growth.

Continued weakness on Wall Street could drag the S&P 500 into bear market territory, with the index potentially slumping more than 20 perce...