Dow Jones| Nasdaq | US Stock Market Today | Live: US stocks future mixed as investors await payrolls data

Wall Street futures traded mixed as investors awaited the June nonfarm payrolls report, with rate hike expectations and stalled US-Iran talks weighing on sentiment. Chip stocks led declines, with SanDisk and Arm Holdings slipping in premarket trade and the Philadelphia Semiconductor index pulling back on profit-taking. Economists expect payrolls to rise by around 110,000 jobs, while Fed Chair Kevin Warsh reiterated commitment to the 2% inflation target, dampening hopes for a near-term dovish pivot.