07:10 AM EDT, 05/28/2024 (MT Newswires) -- The benchmark US stock measures were mostly pointing higher before Tuesday's opening bell as traders wait a key inflation report scheduled for later in the week.

The S&P 500 futures and the Nasdaq rose 0.1% and 0.3%, respectively, in the premarket while the Dow Jones Industrial Average edged down 0.1%. Asia and European exchanges were tracking in the red.

The personal income and outlays report for April is due Friday. The report includes the personal consumption expenditure core price index, which is the Federal Reserve's preferred inflation metric.

On Tuesday's economic calendar, the Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index, both for March, post at 9 am ET. The Conference Board's Consumer Confidence report for May is out at 10 am, followed by the Dallas Fed Manufacturing Survey, also for the current ending month, at 10:30 am.

Federal Reserve Bank of Minneapolis President Neel Kashkari is scheduled to speak at 9:55 am, while Fed Governor Lisa Cook speaks at 1:05 pm.

GameStop's ( GME ) stock surged 25% pre-bell after the videogame retailer raised $933.4 million in gross proceeds from a share offering. Nvidia ( NVDA ) increased 2.2% while Tesla (TSLA) decreased 0.5%.

Later in the week, major corporations and retailers such as Salesforce ( CRM ) , Costco Wholesale ( COST ) , Marvell Technology ( MRVL ) , Dollar General ( DG ) , Best Buy ( BBY ) , Burlington Stores ( BURL ) , Dick's Sporting Goods (DKS) and Abercrombie & Fitch ( ANF ) report their latest financial results.

Before the open, bitcoin declined 1.7% to $68,413 West Texas Intermediate crude advanced 1.7% to $79.01 a barrel, yields on 10-year Treasuries retreated by 0.1 basis point to 4.46% and gold inclined 0.5% to $2,346 an ounce.