09:07 AM EST, 02/24/2025 (MT Newswires) -- US equity futures rose ahead of Monday's opening bell as traders looked ahead to a key inflation report due for release later in the week.

The Dow Jones Industrial Average futures rose 0.6%, S&P 500 futures increased 0.5%, and Nasdaq futures were up 0.5%.

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 little changed, with front-month global benchmark North Sea Brent crude hovering at $74.06 per barrel and US West Texas Intermediate crude hovering at $70.43 per barrel.

The Chicago Fed National Activity index fell to minus 0.03 in January from 0.18 in December, slightly above expectations for minus 0.05.

The Dallas Fed Manufacturing Business index for February is due at 10:30 am ET.

In other world markets, Hong Kong's Hang Seng ended 0.6% lower, China's Shanghai Composite finished 0.2% lower, while the Japanese market was closed for holiday. UK's FTSE 100 slipped 0.1%, and Germany's DAX index rose 0.9% in Europe's early afternoon session.

In equities, WeRide ( WRD ) shares were up more than 12% after the company said it received approval to launch its latest robotaxi model for commercial operations in China.

On the losing side, Hawaiian Electric Industries ( HE ) shares fell 4.6% after the company reported late Friday lower Q4 non-GAAP profit and revenue.