07:59 AM EDT, 05/13/2025 (MT Newswires) -- US stock futures are lower in Tuesday's premarket session as investors look ahead to key inflation data coming out later in the morning.
The Dow Jones Industrial Average futures were down 0.61%, S&P 500 futures were off 0.26%, and Nasdaq futures were losing 0.15%.
Oil prices were moving higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude rising 0.79% and 0.90% respectively.
The US Bureau of Labor Statistics will release the annual and monthly Consumer Price Index report for April later this morning. Compared with March, the annual CPI is expected to remain flat at 2.4%, while the monthly CPI is expected to rise 0.3% after declining 0.1%, according to Bloomberg.
In equities, shares of Lobo EV Technologies ( LOBO ) soared 191%, adding to a 7.4% gain on Monday. CNS Pharmaceuticals ( CNSP ) shares shot up 111% after it said Tuesday that it has successfully acquired Orphan Drug Designation for TPI 287, which treats gliomas, pediatric neuroblastoma, and progressive supranuclear palsy. And Lichen International's ( LICN ) stock surged 89%, adding to a 5.1% gain the previous session.
On the losing side, shares of 3D Systems Corporation ( DDD ) tumbled 24% after it reported late Monday a wider Q1 loss and lower revenue from a year earlier that also missed analyst expectations. GIBO Holdings' (GIBO) stocks dropped 19%, piling on to a 26% loss the previous session. And shares of Northern Technologies International ( NTIC ) fell 18% after a 1.1% gain on Monday.