09:12 AM EST, 11/27/2024 (MT Newswires) -- US equity futures were flat ahead of Wednesday's opening bell as traders digested a deluge of economic data.

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

US stock markets will be closed Thursday for the Thanksgiving Day holiday, and will 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 0.8% at $69.28 per barrel.

The Q3 gross domestic product, released at 8:30 am ET, came in unchanged at a 2.8% growth, in line with estimates compiled by Bloomberg.

New orders for durable goods, also released at 8:30 am ET, rose by 0.2% in October versus 0.5% gain expected. Trade in goods deficit narrowed to $99.08 billion in October from $108.69 billion in the preceding month, compared with estimates for a $102.7 billion gap. Meanwhile, new unemployment claims dropped to 213,000 in the week ended Nov. 23 from 215,000 claims in the prior week, compared with estimates for 215,000 claims.

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.

In other world markets, Japan's Nikkei closed 0.8% lower, Hong Kong's Hang Seng ended 2.3% higher, and China's Shanghai Composite finished 1.5% higher. Meanwhile, UK's FTSE 100 slipped 0.05% and Germany's DAX index fell 0.3% in Europe's early afternoon session.

In equities, Interactive Strength ( TRNR ) shares advanced more than 37% pre-bell after the company said it received a notice from Nasdaq confirming that it regained compliance with the exchange's listing rules.

On the losing side, Grifols ( GRFS ) shares were down more than 12% following a media report that the company has decided not to entertain a new takeover bid by a third party as Brookfield Asset Management ( BAM ) intends to drop its takeover plan.