08:47 AM EST, 12/09/2024 (MT Newswires) -- US equity futures were flat before Monday's opening bell with investors' attention focused on the upcoming November consumer price index due for release later in the week.

Dow Jones Industrial Average futures were up 0.1%, S&P 500 futures slipped 0.1% and Nasdaq futures retreated 0.2%.

The Consumer Price Index, or CPI, is scheduled for release on Wednesday. Analysts are expecting headline CPI to show a 0.2% increase on the month and a 2.7% on the year for November, according to estimates compiled by Bloomberg.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 1.2% at $71.94 per barrel and US West Texas Intermediate crude up 1.4% at $68.11 per barrel.

Wholesale inventories, scheduled for release at 10 am ET, are expected to inch higher by 0.2% in October following a 0.2% drop in the previous month.

In other world markets, Japan's Nikkei closed 0.2% higher, Hong Kong's Hang Seng ended 2.8% higher, and China's Shanghai Composite finished 0.05% lower. Meanwhile, UK's FTSE 100 rose 0.6%, and Germany's DAX index slipped 0.04% in Europe's early afternoon session.

In equities, shares of Satellogic ( SATL ) were 28% higher pre-bell after the company secured a $10 million equity investment from an institutional investor.

On the losing side, BioAge Labs ( BIOA ) shares slumped 72% after the company said late Friday it is terminating a phase 2 trial of its obesity drug candidate following observations of liver transaminitis.