08:18 AM EDT, 08/26/2024 (MT Newswires) -- US equity futures were little changed Monday premarket after closing higher in the previous session following hints from Federal Reserve Chair Jerome Powell about easing monetary policy.

The Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures increased 0.1%, and Nasdaq futures slipped 0.1%.

"The time has come for policy to adjust", Powell said during the Jackson Hole economic symposium last week.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 2.4% at $79.97 per barrel and US West Texas Intermediate crude up 2.9% at $76.97 per barrel.

New orders for durable goods, slated for release at 8:30 am ET, are seen rising 4% in July following a 6.6% drop in June, according to estimates compiled by Bloomberg.