07:09 AM EDT, 03/14/2024 (MT Newswires) -- The benchmark US stock measures were pointing higher before Thursday's opening bell as traders await several key economic data, including last month's producer price index report.

Standard & Poor's 500 futures rose 0.4%, the Dow Jones Industrial Average inclined 0.3% and the Nasdaq added 0.5% in premarket trading. Asian were mixed to lower while European bourses were mostly trending upwards midday on the continent.

The PPI report is scheduled for an 8:30 am ET release. The data comes after the Bureau of Labor Statistics reported earlier in the week that consumer-price inflation rose in line with market expectations on a monthly basis in February.

Also on Thursday's economic calendar, the retail sales report for the previous month and the weekly jobless claims bulletin post at 8:30 am. The business inventories report for January is out at 10 am, followed by the weekly EIA domestic natural-gas supplies report at 10:30 am.

Shares of Under Armour (UAA) dropped 6.7% pre-bell after the sportswear maker made a couple of leadership changes, with founder Kevin Plank returning as chief executive. SentinelOne (S) tumbled 11% as the cybersecurity company's full-year sales outlook missed Wall Street's estimates. Robinhood Markets' (HOOD) stock jumped roughly 13% while Tesla (TSLA) declined 1.5%.

Dollar General (DG), KE Holdings (BEKE), Dick's Sporting Goods (DKS), Futu (FUTU), Burford Capital (BUR) and Weibo (WB) report their latest financial results before the bell, among others. Adobe (ADBE), Ulta Beauty (ULTA), Smartsheet (SMAR) and Getty Images (GETY) post earnings in the afterhours.

Before the open, bitcoin edged down 0.1% to $73,049, West Texas Intermediate crude increased 1% to $80.48 a barrel, yields on 10-year Treasuries inched 0.2 basis points higher to 4.19% and gold moved 0.3% lower to $2,175 an ounce.