US stock market today: S&P 500, Nasdaq futures slip after tech-led rally; SK Hynix debut in focus

US stock futures edged lower on Friday, 10 July, after a sharp tech-led rally in the previous session that lifted the S&P 500 to its highest level since mid-June. Easing Middle East tensions between the US and Iran and a retreat in crude oil prices (Brent at $75.36/barrel, WTI at $71.19/barrel) supported sentiment, while the debut of SK Hynix's $26.5 billion ADR offering on Nasdaq was in focus. Investors are awaiting the June-quarter earnings season for major technology and semiconductor companies to assess whether strong earnings can justify elevated AI-driven valuations.