Stock markets LIVE: FTSE 100 plummets as Nasdaq, S&P 500 brace for 'Black Monday'

Donald Trump's tariffs rocked global markets again on Monday. The FTSE 100 is down 6% in early trading on Monday, while Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump's tariff hikes and the resulting backlash from Beijing.

U S futures also signalled further weakness. The future for the S&P 500 lost 3.7% while that for the Dow Jones Industrial Average shed 2.9%. The future for the Nasdaq lost 4.7%. On Friday, the worst market crisis since COVID slammed into a higher gear as the S&P 500 plummeted 6% and the Dow plunged 5.5%. The Nasdaq composite dropped 5.8%. The chaos has been compared to 1987's 'Black Monday' - when markets were similarly hammered.

THIS IS A LIVE BLOG... FOLLOW BELOW FOR UPDATES...