08:10 AM EDT, 08/25/2025 (MT Newswires) -- US stock futures edged downward pre-bell Monday following last week's record-setting rally, tamped down by continuing concerns about the impact of White House tariffs on inflation.

Dow Jones futures were down 0.2%, S&P 500 futures slipped 0.2%, and Nasdaq futures fell 0.3% in the premarket session.

Oil prices advanced, with front-month North Sea Brent crude up 0.6% to $67.62 per barrel and West Texas Intermediate crude 0.7% to $64.12 per barrel.

Fed Chairman Jerome Powell's hint last week of a possible rate cut buoyed markets, but inflationary worries persisted and expectations were tempered amid concerns about price increases due to tariffs.

This week, the exemption allowing goods worth $800 or less to enter the US duty free comes to an end. Trump also declared in a Truth Social post late Friday that his administration will launch an investigation into furniture imports in anticipation of possible tariffs on the sector.

On the economic calendar, the monthly Chicago Fed National Activity Index tracking economic activity and inflation is set to be released before the opening bell while the July home sales and the August Dallas Fed Manufacturing Survey tracking Texas factory activity are expected after the opening bell.