08:52 AM EDT, 09/24/2024 (MT Newswires) -- US equity futures were flat premarket Tuesday as traders stayed on the sidelines ahead of inflation data due later in the week.

Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures flatlined, and Nasdaq futures were up 0.1%.

Investors are looking ahead to Friday's personal consumption expenditure price index for a fresh look at US inflation.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2% at $74.64 per barrel and US West Texas Intermediate crude 2.2% higher at $71.93 per barrel.

The Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index are scheduled for release at 9 am ET.

The Consumer Confidence Index, due at 10 am ET, is expected to edge higher to 103.9 in September from 103.3 in August, according to estimates compiled by Bloomberg.

In other world markets, Japan's Nikkei closed 0.6% higher, Hong Kong's Hang Seng ended 4.1% higher, and China's Shanghai Composite finished 4.2% higher. Meanwhile, the UK's FTSE 100 gained 0.2% and Germany's DAX index rose 0.6% in Europe's early afternoon session.

In equities, shares of Snowflake (SNOW) were 1.1% lower pre-bell on a planned $2 billion private placement of convertible senior notes. Light & Wonder ( LNW ) shares retreated 15% after the company said it received a preliminary injunction from a Nevada court relating to its Dragon Train game.

On the winning side, Generations Bancorp (GBNY) shares advanced 34% after the company said it plans to voluntarily delist from Nasdaq. Liberty Broadband ( LBRDA ) shares increased 22% after the company submitted a counterproposal to Charter Communications for a merger.