09:02 AM EDT, 06/10/2024 (MT Newswires) -- US equity futures were slightly lower before Monday's opening bell as traders stayed on the sidelines ahead of a Federal Reserve meeting starting Tuesday.

Dow Jones Industrial Average futures, S&P 500 futures, and Nasdaq futures were all down about 0.1%

The Federal Open Market Committee will kick off its two-day meeting to discuss monetary policy on Tuesday.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1% at $80.45 per barrel and US West Texas Intermediate crude up 1.1% at $76.39 per barrel, buoyed by hopes for rising fuel demand this summer.

There are no major economic data due for release.

In other world markets, Japan's Nikkei closed 0.9% higher, while the Hong Kong and Chinese markets were closed for holiday. UK's FTSE 100 slipped 0.2% and Germany's DAX index declined 0.5% in Europe's early afternoon session.

In equities, shares of KKR (KKR) were 7.3% higher pre-bell on news of the company's inclusion in the S&P 500 Index. ICC Holdings ( ICCH ) shares surged nearly 50% on a deal to be acquired by Mutual Capital Group for $73.8 million.

On the losing side, Perion Network ( PERI ) shares retreated 28% after the company lowered its Q2 and full-year 2024 revenue guidance.