08:34 AM EST, 11/27/2024 (MT Newswires) -- US equity futures were little changed pre-bell Wednesday ahead of a deluge of economic data, including a key reading on country's inflation.

Dow Jones Industrial Average futures rose 0.1%, S&P 500 futures slipped 0.1%, and Nasdaq futures fell 0.2%.

US stock markets will be closed Thursday for the Thanksgiving Day holiday, and will also close early at 1 pm ET the following day.

Oil prices were higher, with front-month global benchmark North Sea Brent crude up 0.6% at $72.75 per barrel and US West Texas Intermediate crude up 0.5% at $69.06 per barrel.

The Q3 Gross Domestic Product report, scheduled for release at 8:30 am ET, is seen coming in unchanged at a 2.8% growth, according to estimates compiled by Bloomberg.

New orders for durable goods, also due for release at 8:30 am ET, are seen dropping by 0.8% in October to match the prior month's reading. Trade in goods deficit is expected to narrow to $102.2 billion in October from $108.2 billion in the preceding month. Meanwhile, new unemployment claims are expected to increase to 215,000 in the week ended Nov. 23 versus 213,000 claims in the prior week.

The Chicago Purchasing Managers' Index, due at 9:45 am ET, is expected to rise to 44.2 in November from 41.6 in October.

Investors will also watch for the October Personal Consumption Expenditures Core Price Index, the Federal Reserve's preferred measure of inflation, slated for a 10 am ET release with pundits expecting a 0.3% rise. Forecasters see the Pending Home Sales Index coming in at minus 2.1% for October.