07:47 AM EDT, 10/11/2024 (MT Newswires) -- US equity futures were mostly lower Friday as major banks kicked off the latest earnings season.

The Dow Jones Industrial Average futures flatlined, S&P 500 futures declined 0.1%, and Nasdaq futures were down 0.3%.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.8% at $78.73 per barrel and US West Texas Intermediate crude down 0.8% at $75.23 per barrel.

Producer prices, scheduled for release at 8:30 am ET, are expected to rise 0.1% in September following a 0.2% increase in the prior month, according to estimates compiled by Bloomberg.

Consumer sentiment, due at 10 am ET, is expected at 70.9 in October compared with September's 70.1 level.

In equities, JPMorgan ( JPM ) reported higher Q3 earnings and revenue that beat analysts' estimates. Wells Fargo ( WFC ) posted Q3 earnings that topped Street projections, while its revenue missed.