08:05 AM EDT, 04/23/2024 (MT Newswires) -- US equity futures were marginally higher in premarket activity Tuesday as the Q1 earnings season kicked into high gear with quarterly updates from technology majors on tap.

Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures increased 0.3%, and Nasdaq futures were up 0.3%.

Electric vehicle manufacturer Tesla (TSLA) is set to be the first to report among technology sector heavyweights after this session's closing bell, followed by Meta Platforms ( META ) on Wednesday, and Alphabet (GOOG, GOOGL) and Microsoft ( MSFT ) on Thursday.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.7% and US West Texas Intermediate crude down 0.8%, amid easing tensions between Iran and Israel.

The flash manufacturing Purchasing Managers' Index, due at 9:45 am ET, is expected to come in at 52.0 for April versus 51.9 in the preceding month, while services PMI is seen coming in at 52.0 for the month versus 51.7 level previously.