Crude Oil Tops $100, Stocks Face Further Weakness

U.S. stocks are likely to see further weakness in early trading on Thursday, according to market trends.

The major index futures are currently pointing to a lower open for the markets, with the S&P 500 futures down by 0.5 percent.

Inflation concerns are contributing to continued weakness on Wall Street amid another substantial increase in crude oil prices, which have topped $100 per barrel.