US stock futures pointed to more losses Monday following a tech-led selloff on Wall Street last Friday that rattled investors. The downturn came as major technology companies continued their slide, dragging down broader market indices and signaling renewed volatility in equity markets.

A robust jobs report released Friday fueled expectations that the Federal Reserve will maintain its hawkish stance on monetary policy. Strong employment data typically supports arguments for higher interest rates, as the central bank seeks to control inflation while avoiding economic overheating.

Oil prices surged after Iran fired missiles at Israel, escalating Middle East tensions and raising concerns about potential supply disruptions in the region. Crude futures climbed on the geopolitical uncertainty, with investors pricing in possible production impacts.

The dual pressure of tech sector weakness and rising energy prices creates a challenging environment for investors heading into the new trading week. Market participants face the task of navigating both growth concerns and inflationary pressures simultaneously.