India, Aug. 7 -- Wall Street futures moved lower on Friday as investors faced renewed pressure from rising oil prices, weakness in major technology stocks and uncertainty surrounding the Federal Reserve's interest rate outlook. S&P 500 futures slipped 0.6%, while Nasdaq futures declined around 0.9%, pointing towards a cautious opening for US equities.

According to Reuters, market participants remained focused on economic signals, corporate earnings developments and inflation risks as energy prices continued to influence investor sentiment.

US Stock Market Today: Wall Street Futures Under Pressure

US stock market futures weakened ahead of the opening bell, with technology-heavy indexes leading declines. The pullback reflected concerns o...