New Delhi, Aug. 18 -- US stock futures indicate a negative start to Tuesday's trade, as technology stocks retreat from recent highs amid surging bond yields and higher oil prices, reinforcing inflation concerns.

The S&P 500 was headed for a third straight day of losses as index futures retreated 0.4%, while Nasdaq-100 futures and Dow Jones Industrial Average futures were down 1.1% and 0.1%, respectively.

The losses extended Monday's declines as oil prices accelerated higher and bond yields jumped to trade near multidecade highs. Among key individual stocks, Nvidia Corp dropped 1.9% as the cost of protecting its debt against default approached a high reached last month.

Western Digital, Sandisk and Marvell Technology were also down betw...