08:25 AM EDT, 03/25/2024 (MT Newswires) -- US stock futures were dipping lower in Monday's premarket session ahead of monthly home sales data, as well as a speech by Raphael Bostic, the head of the Federal Reserve Bank of Atlanta, to start a week shortened by a three-day holiday weekend.

Dow Jones Industrial Average futures were down 0.2%, S&P 500 futures were falling 0.4%, and Nasdaq futures were sliding 0.6% lower.

Oil prices were moving higher, with front-month global benchmarks North Sea Brent crude up 0.5% at $85.21 per barrel and US West Texas Intermediate crude rising 0.5% at $81.00 per barrel.

New home sales data, which measures the annualized number of new single-family homes sold during the previous month, is slated to be released at 10:00 am ET. The analysts' consensus forecast compiled by Investing.com is for February new home sales to rise to 675,000 from 661,000 in January.

And at 8:25 am ET, Bostic is expected to speak at the University of Cincinnati Real Estate Center's March roundtable discussion.

On the winning side, shares of Next.e.GO (EGOX) soared nearly 81% in Monday's premarket session, more than erasing a 22% loss from Friday. MicroAlgo ( VENAF ) shares jumped 62% after losing more than 5% the previous session. And shares of Flora Growth ( FLGC ) surged 36%, piling on to a 34% gain from Friday.

On the losing side, shares of Sintx Technologies ( SINT ) tumbled nearly 30%, adding to a 32% loss on Friday. Murano Global Investments ( MRNO ) shares dropped nearly 10%, after a massive 120% gain on Friday. And shares of Intel ( INTC ) were down nearly 4%, the day after the Financial Times reported that China is phasing out the semiconductor giant's microprocessors from government personal computers and servers.