India, Aug. 19 -- U.S. stock futures are edging lower and pointing toward a cautious open, pressured by a recent tech-led selloff, a three-day losing streak for the S&P 500, and rising global bond yields. Investors are trading defensively ahead of the upcoming Federal Open Market Committee (FOMC) minutes. Here's what investors should watch in the US stock market today.

Key Market Drivers

Tech and Chip Sector Pressure: Recent losses in major chip and AI hardware names (such as Micron and SanDisk) are weighing heavily on the Nasdaq and broader market sentiment.

FOMC Minutes Awaited: Market participants are closely watching for signals on future Federal Reserve interest rate policy and monetary path adjustments.

Macro Headwinds: Elevated...