08:18 AM EDT, 04/10/2024 (MT Newswires) -- US stock futures were moving slightly higher in Wednesday's premarket session ahead of key inflation data and the release of the Federal Reserve's March meeting minutes at 2 p.m. ET.

Dow Jones Industrial Average futures were up 0.16%, S&P 500 futures were 0.12% higher, and Nasdaq futures were ahead by 0.10%.

The core consumer price index for March, which will be released at 8:30 am ET, is expected to rise 0.3%, compared with a 0.4% increase in February. On an annual basis, the core CPI is expected to increase 3.7%, compared with a 3.8% rise a month earlier.

The Energy Information Administration's crude oil inventories report, which measures the weekly change in the number of barrels of commercial crude oil held by US firms, is expected to show a decline to 2.42 million barrels, compared with 3.21 million barrels the previous week, according to Investing.com.

Oil prices were moving higher, with front-month global benchmarks Brent crude and West Texas Intermediate crude rising 0.65% and 0.68% respectively.

On the winning side, Meiwu Technology ( WNW ) soared 162% in Wednesday's premarket session, adding to a 1.6% gain on Tuesday. Marin Software ( MRIN ) shares jumped 83% after it reported late Tuesday that it has made upgrades to its integration with Microsoft (MSFT) Advertising. Nano Labs ( NA ) gained 46%, following a nearly 4% loss the previous day.

On the losing side, Ascent Solar Technologies ( ASTI ) plunged 49%, adding to a nearly 13% loss on Tuesday. VIA optronics' (VIAO) shares tumbled 42%, more than erasing a 6% gain the previous session. And shares of Velo3D ( VLD ) dropped 23% after the company said late Tuesday it intends to sell common shares and warrants in a "reasonable best efforts" public offering.