08:29 AM EDT, 05/16/2024 (MT Newswires) -- US stock futures were trending slightly higher in Thursday's premarket session after inflation data came in a bit better than expected Wednesday, and ahead of jobless figures and the May reading of the Philadelphia Fed Manufacturing Index coming out later in the morning.

Dow Jones Industrial Average futures were up 0.02%, S&P 500 futures were rising 0.05%, and Nasdaq futures gained 0.1%.

Oil prices were nudging higher, with front-month global benchmarks North Sea Brent crude up 0.1% at $82.83 per barrel and US West Texas Intermediate crude rising 0.2% to $78.77 per barrel.

Weekly initial jobless claims, which are slated for release at 8:30 a.m. ET, are expected to decline to 219,000 from 231,000 the previous week, according to Investing.com. Meanwhile, the Philadelphia Fed Manufacturing Index for May is expected to decline to 7.7 from 15.5 in April.

On the winning side, shares of TSR (TSRI) jumped 64% in Thursday's premarket session after it said late Wednesday that it agreed to be acquired by Vienna Parent Corporation subsidiary Vienna Acquisition for $13.40 per share. AST SpaceMobile ( ASTS ) shares surged 30% after it said late Wednesday it signed a commercial agreement with AT&T ( T ) to provide a space-based broadband network for cell phones. Shares of BM Technologies ( BMTX ) advanced 23% after it reported late Wednesday Q1 revenue that topped street forecasts.

On the losing side, shares of Spire Global ( SPIR ) tumbled 21% after it reported late Wednesday Q1 earnings and revenue that misses analyst expectations. AERWINS Technologies' ( AWIN ) shares dropped 19% after soaring 132% the previous session. And shares of Fluent (FLNT) shed 16% after it reported late Wednesday Q1 revenue that fell just short of analyst forecasts.