09:20 AM EDT, 07/22/2024 (MT Newswires) -- US stocks look set to open higher in Monday's trading session following the markets' worst week since April, as many investors switched out of tech stocks in favor of small cap companies.

Dow Jones Industrial Average futures were up 0.17%, S&P 500 futures were rising 0.63%, and Nasdaq futures were moving 1.05% higher.

Oil prices were heading lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude declining 0.74% and 0.84% respectively.

In other world markets, Japan's Nikkei shed 1.16%, Hong Kong's Hang Seng rose 1.25%, and China's Shanghai Composite closed 0.61% lower. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was up 0.95%, while Germany's DAX and France's CAC climbed 1.54% and 1.40%, respectively.

In equities, shares of Tellurian (TELL) jumped 67% in Monday's premarket session after it said Sunday that it has agreed to be acquired by Woodside Energy Group in an all-cash transaction worth approximately $900 million. MIRA Pharmaceuticals' ( MIRA ) shares advanced 85% after it reported "promising preclinical results" Monday regarding its study of oral ketamine analog Ketamir-2. Shares of Serve Robotics ( SERV ) rose 52% after soaring 187% on Friday. Castellum's (CTM) shares were up 36% after it said Monday that it has signed a new strategic alliance with Krilla Kaleiwahea. And Netcapital ( NCPL ) shares added 42%, following a 12% gain the previous session.

On the losing side, shares of Radware ( RDWR ) plunged 38%, following a modest loss on Friday. Exicure's ( XCUR ) shares tumbled 26% after jumping 76% the previous session. BCB Bancorp's ( BCBP ) stock dropped 17% after a nearly 2% gain the previous session. And shares of Ryanair ( RYAOF ) fell 14% after it reported lower fiscal Q1 2025 earnings and revenue that also missed analyst expectations.