09:25 AM EDT, 05/13/2024 (MT Newswires) -- US stocks look set to open modestly higher in Monday's trading session as investors await key inflation data coming out during the week.

Dow Jones Industrial Average futures were up 0.3%, S&P 500 futures gained 0.3%, and Nasdaq futures were rising 0.4%.

Oil prices were moving higher, with front-month global benchmarks North Sea Brent crude rising 0.5% to $83.20 per barrel and US West Texas Intermediate crude rising 0.8% to $78.85 per barrel.

In other world markets, Japan's Nikkei was off 0.1%, Hong Kong's Hang Seng was up 0.8%, and China's Shanghai Composite was down 0.2%. Meanwhile in Europe's early afternoon session, the UK's FTSE 100 was off 0.2%, while Germany's DAX and France's CAC were both down nearly 0.3%.

Slated for release Tuesday morning from the Bureau of Labor Statistics is the latest reading of the core producer price index, which measures the change in the selling price of goods and services sold by producers, excluding food and energy.

The index is a leading indicator of consumer inflation, which will come out Wednesday when the BLS releases the closely watched consumer price index.

Core producer prices are expected to have risen 0.2% in April from the month before, the same as in March, according to Investor.com.

On the winning side, shares of AC Immune ( ACIU ) jumped more than 45% after the company said Monday it has signed an exclusive, worldwide option and license agreement with Takeda Pharmaceutical ( TAK ) . Tevogen Bio (TVGN) shares surged 48% after the company said late Friday that it signed a binding term sheet with an existing investor to secure up to $50 million of financing. Shares of GameStop ( GME ) advanced 45%, after investor Keith Gill, known on social media as "Roaring Kitty," returned to posting on X after a three-year absence, according to media reports. Gill triggered a trading craze for the stock in 2021. CareCloud ( CCLD ) shares climbed 25% after it released details Monday regarding its receipt of an unsolicited, non-binding offer to acquire the company for $5 per share. And shares of MiNK Therapeutics ( INKT ) were up 17% after it said Monday it signed a stock purchase agreement to sell securities in a private placement financing for $5.8 million.

On the losing side, shares of Barnes & Noble Education ( BNED ) plunged 36%, adding to more than 7% loss on Friday. Amprius Technologies (AMPX) shares shed 34% after it announced Monday a temporary offer allowing its public and private warrants to be exercised for cash at a reduced price. Seritage Growth Properties ( SRG ) shares tumbled 30%, adding to a nominal loss on Friday. Lifezone Metals Limited ( LZM ) dropped 21%, following modest gain the previous session. And shares of Aethlon Medical ( AEMD ) fell 16%, adding to a 2.5% loss on Friday.