09:05 AM EST, 11/07/2024 (MT Newswires) -- US equity futures were nearly flat before Thursday's opening bell as the post-election rally subsides.

The Dow Jones Industrial Average futures fell 0.01%, S&P 500 futures increased 0.2%, and Nasdaq futures were up 0.4%.

Major equity benchmarks closed higher Wednesday after Donald Trump won the presidential election.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.3% at $74.67 per barrel and US West Texas Intermediate crude down 0.6% at $71.20

per barrel.

New unemployment insurance claims, released at 8:30 am ET, rose to 221,000 in the week ended Nov. 2 from 218,000 in the preceding week, compared with estimates compiled by Bloomberg for an increase to 222,000. Nonfarm productivity rose at a 2.2% rate in Q3 versus estimates for a 2.6% growth, while unit labor costs increased by 1.9% versus the 1% growth expected.

The Federal Open Market Committee is scheduled to release a policy statement at 2 pm ET at the conclusion of its two-day meeting.

In other world markets, Japan's Nikkei closed 0.3% lower, Hong Kong's Hang Seng ended 2% higher, and China's Shanghai Composite finished 2.6% higher. Meanwhile, UK's FTSE 100 slipped 0.1%, Germany's DAX index rose 1.4%, France's CAC 40 was up 0.4% and Spain's IBEX 35 was up 0.7% in Europe's early afternoon session.

In equities, shares of Dutch Bros ( BROS ). (BROS) were 24% higher pre-bell after the company reported higher Q3 adjusted earnings and revenue. AppLovin ( APP ) stock was 37% higher after the company late Wednesday posted higher Q3 earnings and revenue that also topped analysts' estimates. LYFT ( LYFT ) shares were up 23% after the company late Wednesday reported a 32% year-over-year increase in Q3 revenue.

On the losing side, Krispy Kreme (DNUT) shares fell 9% after the company reported it swung to a fiscal Q3 adjusted loss on lower revenue. Wolfspeed ( WOLF ) shares retreated 23% after the company reported late Wednesday weaker fiscal Q1 financial results.