India, July 1 -- US stock market futures edged lower on Wednesday, July 1, as investors turned cautious ahead of key economic data releases and a closely watched speech by Federal Reserve Chair Kevin Warsh. While Wall Street wrapped up a strong first half of 2026 with solid gains across major indexes, traders are now reassessing the outlook for interest rates, inflation and the AI-led stock market rally.

The pullback in futures comes amid rising expectations that the Federal Reserve could begin raising interest rates as early as this month, while geopolitical tensions in the Middle East continue to add uncertainty to global markets.

Why is the US Stock Market Down Today?

US stock futures are trading lower as investors avoid making aggr...