08:11 AM EST, 02/24/2025 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders looked ahead to a key inflation report due for release later in the week.

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

The personal income and outlays report for January is due for release on Friday. The report includes the personal consumption expenditure core price index, the Federal Reserve's preferred measure of inflation.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.1% $73.97 per barrel and US West Texas Intermediate crude 0.1% lower at $70.35 per barrel.

The Chicago Fed National Activity index for January is due for release at 8:30 am ET, while the Dallas Fed Manufacturing Business index for February is due at 10:30 am ET.