India, Oct. 7 -- US stock futures moved lower on Wednesday, October 7, as a renewed rise in oil prices and Treasury yields weighed on investor sentiment. Wall Street is also awaiting the release of minutes from the Federal Reserve's September meeting for fresh clues on the interest-rate outlook.

17 a.m. ET, Dow E-minis were down 300 points, or 0.58%, S&P 500 E-minis fell 0.32%, and Nasdaq 100 E-minis declined 0.70%, according to Reuters.

US Stock Market Today: Why Are Futures Down?

The pullback follows a strong session on Tuesday, when the S&P 500 and Nasdaq closed at record highs as investors remained optimistic about artificial intelligence spending and the upcoming third-quarter earnings season. The Dow also gained but remains more ...