08:56 AM EDT, 10/28/2024 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders looked ahead to this week's slate of earnings from major technology companies.

The Dow Jones Industrial Average futures rose 0.4%, S&P 500 futures increased 0.5%, and Nasdaq futures were up 0.7%.

Alphabet (GOOG, GOOGL), Microsoft ( MSFT ) , Meta Platforms ( META ) , Apple ( AAPL ) , and Amazon ( AMZN ) are all due to report later in the week.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 5.9% at $71.14 per barrel and US West Texas Intermediate crude 6% lower at $67.26 per barrel.

The Dallas Fed's General Activity index is due for release at 10:30 am ET.

In other world markets, Japan's Nikkei closed 1.8% higher, Hong Kong's Hang Seng ended 0.04% higher, and China's Shanghai Composite finished 0.7% higher. Meanwhile, UK's FTSE 100 fell 0.3%, and Germany's DAX index slipped 0.2% in Europe's early afternoon session.

In equities, shares of Corning (GLW) were 2.4% higher pre-bell on a multi-year purchase agreement with AT&T ( T ) for fiber, cable and connectivity products. Monte Rosa Therapeutics ( GLUE ) shares advanced over 29% after the company said it secured a global license deal with Novartis ( NVS ) to advance therapies for multiple immune-mediated conditions.

On the losing side, Royal Philips (PHG) shares slumped 16% after the company reported lower Q3 sales that trailed analysts' estimates and cut its 2024 comparable sales growth guidance.