New Delhi, May 18 -- US stock futures edged lower on Monday, 18 May, as investors awaited Nvidia's earnings report for fresh signals on the sustainability of the artificial intelligence-driven market rally, while the ongoing stalemate between the US and Iran continued to push oil prices higher.

Futures tied to the S&P 500 slipped 0.4%, while those linked to the Nasdaq Composite and Dow Jones Industrial Average each fell by 0.3% and 0.8%, respectively.

During Friday's session, all three major US indices closed with losses of over 1%, as technology stocks - which had been leading markets to record highs - came under pressure amid a sharp spike in bond yields. The US 30-year Treasury yield climbed to its highest level in nearly a year.

Su...