New Delhi, Aug. 24 -- The US stock market traded lower on Monday, 24 August, as a retreat in technology and chip stocks, escalating tensions in the Middle East and persistent pressure from elevated long-dated US bond yields kept investor sentiment fragile.

Dow Jones Industrial Average futures slipped marginally by 11 points, while futures tied to the S&P 500 and Nasdaq-100 fell 0.1% and 0.5%, respectively.

In the previous week, US stocks went through a roller-coaster ride as surging bond yields fuelled concerns about the health of the economy, pushing the 30-year US Treasury yield to 5.3%, its highest level in nearly 20 years.

Investors grew increasingly concerned that the US-Iran war could continue for longer, keeping oil prices eleva...