07:17 AM EDT, 09/10/2024 (MT Newswires) -- US equity futures were pointing marginally lower before the open Tuesday as traders brace for the latest inflation data later in the week.

Standard & Poor's 500 and the Dow Jones Industrial Average were each slightly in the red, while the Nasdaq decreased 0.1% in premarket activity. The majority of Asian exchanges were trending higher, while European bourses were mixed to lower.

Government data are likely to show Wednesday that US consumer inflation rose 0.2% sequentially and 2.6% annually in August, according to a Bloomberg-compiled consensus. The producer prices report for last month is scheduled to be released Thursday.

On Tuesday's thin economic calendar, the National Federation of Independent Business optimism index showed a 2.5-point decrease for August to 91.2. Federal Reserve Vice Chair for Supervision Michael Barr is slated to speak at 10 am ET.

Shares of Oracle (ORCL) jumped 8.2% pre-bell as the software maker reported better-than-expected fiscal first-quarter results. Rubrik ( RBRK ) dropped 8.6% after the company's fiscal second-quarter loss narrowed less than market estimates.

Academy Sports and Outdoors ( ASO ) reports its latest quarterly results before the bell, among others. GameStop ( GME ) , Dave & Buster's Entertainment (PLAY) and Petco Health and Wellness ( WOOF ) post earnings in the afterhours. Technology giants Apple ( AAPL ) and Alphabet (GOOG, GOOGL) were down 1% and 0.2%, respectively.

Before the opening bell, bitcoin gained 0.3% to $57,134, West Texas Intermediate crude oil declined 0.8% to $68.15 per barrel, yields on 10-year Treasuries rose 1.5 basis points to 3.71% and gold ticked up 0.1% to $2,535 an ounce.