08:21 AM EDT, 05/17/2024 (MT Newswires) -- US stock futures are trending marginally higher in Friday's premarket activity after a busy week of earnings and inflation data, and ahead of the index of leading economic indicators and the Baker Hughes rig count coming out later in the day.

The Dow Jones Industrial Average futures were up 0.04%, S&P 500 futures were rising 0.06%, and Nasdaq futures were moving 0.1% higher.

The index of leading economic indicators is a composite of 10 forward-looking components, such as building permits, new factory orders, and unemployment claims. The index is expected to decline 0.3% for April, the same as in the previous month, according to Investing.com

Oil prices were moving marginally lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude declining 0.1% and 0.2% respectively.

On the winning side, shares of Fangdd Network Group ( DUO ) soared more 270% in Friday's premarket activity, following a marginal gain the previous session. Akanda Corp. ( AKAN ) shares jumped 166%, adding to a 27% gain on Thursday. And shares of FLJ Group Limited ( FLJ ) doubled, adding to a nearly 6% gain on Thursday.

On the losing side, shares of AmpliTech Group ( AMPG ) plunged 34% after the company said in a regulatory filing late Thursday that it will be unable to file its quarterly report for the period ended March 31. DXC Technology ( DXC ) shares tumbled 25% after the company said late Thursday that its fiscal Q4 earnings and revenue declined from a year earlier. And shares of RBC Bearings ( RBC ) dropped more than 18%, adding to a 2% loss from the previous session.