U.S. stock futures pointed to another day of losses Friday as investors absorbed the message of Fed Chair Jerome Powell that the central bank may not pursue rate cuts aggressively. Dow Jones Industrial Average futures fell 204 points,

Wall Street was headed for more losses before the opening bell on Friday and is on track to log its third losing week out of the last four. Futures for the S&P 500 were 0.5% lower before the bell, while futures for the Dow Jones Industrial Average fell 0.