Stock futures fell slightly on Thursday following a four-day losing streak for the S&P 500 as tech names dragged the broader market lower and traders weighed earnings from retail giant Walmart. Futures on the Dow Jones Industrial Average were down 118 points, or 0.3%. S&P 500 futures lost about 0.2%, while Nasdaq 100 futures edged 0.1% lower. Walmart shares dipped more than 3% in premarket trading after the retailer beat Wall Street’s quarterly sales estimates but missed earnings expectations, the first time it missed on quarterly earnings since May 2022. Investors are looking to hear from Federal Reserve Chair Jerome Powell on Friday at the central bank’s annual economic symposium in Jackson Hole, Wyo., where he could offer insights into the path of interest rates. Fed funds futures are pricing in a nearly 80% likelihood of the central bank cutting interest rates at its next policy gathering in September, according to CME’s FedWatch tool. Minutes from Fed’s July meeting showed policymakers are worried about the state of the labor market and inflation, though most agreed that it was too soon to lower interest rates. Fed governors Christopher Waller and Michelle Bowman dissented against holding rates steady, marking the first time two board members have done so since 1993. “The Fed is worried about inflation accelerating as companies pass tariffs on to consumers,” said David Russell, global head of market strategy at TradeStation. “The minutes are consistent with Powell’s hawkish comments last meeting. The bulls might get some cold water splashed in their faces at Jackson Hole.” The market this week has been pressured by heavy bout of tech selling. Investors took in profits from high-flying names including Nvidia, Palantir and Meta. “There just hasn’t been much conviction behind the recent bout of tech selling, and most people assume it will be over relatively soon,” Adam Crisafulli, founder of Vital Knowledge, said in a note. “This mindset suggests a dangerous degree of complacency, and it means the ‘pain trade’ will be for the tech underperformance to continue.” The S&P 500 is down 0.8% this week, while the Nasdaq has lost about 2.1%. The 30-stock Dow is roughly flat week to date. U.S. Treasury yields inched higher as investors look ahead to Federal Reserve Chairman Jerome Powell’s speech at the Fed’s annual economic symposium on Friday. At 7 a.m. ET, the 10-year Treasury yield rose over 1 basis point to 4.308%. The 2-year yield was also one basis point higher at 3.76%. Asia-Pacific markets mostly rose, with Australian stocks among the top gainers, breaking ranks with key Wall Street peers that saw declines led by tech stocks. Australia’s S&P/ASX 200 benchmark rose 1.13% to end the day at a record high of 9,019.1. Japan’s Nikkei 225 fell for the third straight session and ended the day 0.65% lower at 42,610.17. Meanwhile, the broader Topix index dropped 0.52% to 3,082.95. In South Korea, the Kospi index pared earlier gains to rise 0.37% at 3,141.74, while the small-cap Kosdaq was flat at 777.24. Mainland China’s CSI 300 increased by 0.39% to 4,288.07, while Hong Kong’s Hang Seng Index was down 0.22% to 25,109.43. Oil prices rose 1% on Thursday, bolstered by signs of strong demand in the United States, with uncertainty over efforts to end the war in Ukraine also lending support. Brent crude futures were close to a two-week high and up 64 cents, or around 1%, to $67.48 a barrel. U.S. West Texas Intermediate (WTI) crude futures were up 65 cents, or 1%, to $63.36 a barrel. Both contracts climbed over 1% in the prior session. Gold prices edged lower on Thursday after the U.S. Federal Reserve’s July meeting minutes showed a majority consensus on holding interest rates steady, as investors look to the central bank’s annual Jackson Hole symposium later in the day for further policy cues. Spot gold was down 0.2% at $3,340.09 per ounce. U.S. gold futures for December delivery also lost 0.2% to $3,382.30.