India, Aug. 19 -- The futures for the Dow Jones indices remained nearly steady on Wednesday, August 19, as traders considered the effects of the rising cost of oil and higher interest rates, along with the pressure on the tech stocks. The future Dow was at 53,440, which was 0.06% higher, while the S&P 500 futures were at 7,710 and Nasdaq 100 futures fell by 0.03%.

The cautious mood is coming after three consecutive losses on Wall Street as on Tuesday, the Dow Jones Industrial Average declined by 116.38 points or 0.22%, to 53,343.40.

US Stock Market Today: Why are Dow Jones Futures Nearly Flat Today?

The market continues to seek a direction amid the decline of the tech-laden stock market on Tuesday. Buyers continue to try to weigh some ...