08:49 AM EST, 11/12/2024 (MT Newswires) -- US equity futures were flat before Tuesday's opening bell, with sentiment stabilizing after last week's election-fueled rally, while traders looked ahead to the consumer inflation report.

The Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures declined 0.1%, and Nasdaq futures flatlined.

The Consumer Price Index for October is scheduled for release on Wednesday.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.7% at $72.34 per barrel and US West Texas Intermediate crude up 0.8% at $68.56 per barrel.

In other world markets, Japan's Nikkei closed 0.4% lower, Hong Kong's Hang Seng ended 2.8% lower, and China's Shanghai Composite finished 1.4% lower. Meanwhile, UK's FTSE 100 fell 0.9% and Germany's DAX index was down 1.1% in Europe's early afternoon session.

In equities, shares of Shopify ( SHOP ) were 19% higher pre-bell after the company posted higher Q3 revenue that topped analysts' estimates. Bridger Aerospace ( BAER ) shares rose 14% after the company reported higher Q3 earnings and revenue late Monday.

On the losing side, Neurogene ( NGNE ) shares slumped 35%, a day after the company said it will not move forward with its Batten disease gene therapy program.