07:20 AM EST, 12/10/2024 (MT Newswires) -- US equity futures edged higher on Tuesday as traders take positions ahead of the release of a key inflation report on Wednesday.

Standard & Poor's 500 and the Nasdaq increased 0.1% each in premarket activity, while the Dow Jones Industrial Average was slightly in the green. Asian exchanges were mixed to lower, while the majority of European bourses were tracking in the red midday on the continent.

The consumer price index for November posts on Wednesday. The producer price index report for last month is due on Thursday.

On Tuesday's economic calendar, the National Federation of Independent Business small business optimism index showed an 8-point increase in November to 101.7. The revised third-quarter productivity and costs report is out at 8:30 am ET.

Shares of Oracle (ORCL) dropped 8.1% pre-bell as the software maker's fiscal second-quarter results fell short of Wall Street's estimates. MongoDB ( MDB ) declined 3.8% despite the company reporting better-than-expected third-quarter results and raising its full-year outlook. Google ( GOOG ) parent Alphabet (GOOG, GOOGL) gained 2.3%.

AutoZone ( AZO ) , Ferguson Enterprises ( FERG ) , Ollie's Bargain Outlet (OLLI), Academy Sports and Outdoors (ASO) and United Natural Foods ( UNFI ) report their latest financial results early Tuesday, among others. GameStop ( GME ) and Dave & Buster's Entertainment (PLAY) post earnings after markets close.

Before the opening bell, bitcoin inclined 1.3% to $97,900. West Texas Intermediate crude oil slipped 0.6% to $67.96 a barrel, yields on 10-year Treasuries rose 3.5 basis points to 4.23% and gold increased 0.3% to $2,695 an ounce.