08:09 AM EDT, 07/29/2024 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders looked ahead to another batch of quarterly updates from Corporate America, including those from major technology firms.

The Dow Jones Industrial Average futures gained 0.3%, S&P 500 futures increased 0.4% and Nasdaq futures were up 0.7%.

Amazon ( AMZN ) , Apple ( AAPL ) , Meta Platforms ( META ) and Microsoft ( MSFT ) are all scheduled to report earnings later in the week.

The Federal Reserve's policy-setting Federal Open Market Committee is set to kick off its two-day meeting on Tuesday.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% at $79.75 per barrel and the US West Texas Intermediate crude down 0.8% at $76.56 per barrel.

The Dallas Fed's Manufacturing Business Index is due for release at 10:30 am ET.