09:08 AM EDT, 07/12/2024 (MT Newswires) -- US equity futures were flat premarket Friday as traders digested earnings from major US banks.

Dow Jones Industrial Average futures flatlined, S&P 500 futures declined 0.06%, and Nasdaq futures were down 0.1%.

JPMorgan ( JPM ) , Citigroup ( C ) , and Wells Fargo (WFC) all posted Q2 earnings and revenue that surpassed estimates from analysts polled by Capital IQ.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.6% at $85.94 per barrel and US West Texas Intermediate crude up 0.9% at $83.36 per barrel.

Producer prices, released at 8:30 am ET, increased by 0.2% in June, ahead of estimates compiled by Bloomberg for a 0.1% uptick.

Consumer sentiment, slated for 10 am ET, is expected to come in at 68.5 in July versus June's 68.2.

In other world markets, Japan's Nikkei closed 2.5% lower, Hong Kong's Hang Seng ended 2.6% higher, and China's Shanghai Composite finished 0.03% higher. Meanwhile, UK's FTSE 100 gained 0.2%, and Germany's DAX index increased 0.3% in Europe's early afternoon session.

In equities, Citigroup ( C ) shares gained more than 2% pre-bell. Instil Bio ( TIL ) shares increased 29% after the company said it secured AstraZeneca as a tenant at its California facility.

On the losing side, Wells Fargo ( WFC ) shares were down 5.6%. Nano Nuclear Energy ( NNE ) shares fell 12% after the company priced an $18 million offering of common shares and warrants.