08:17 AM EST, 01/14/2025 (MT Newswires) -- US stock futures were tracking higher in Tuesday's premarket session as investors awaited key inflation data.

Dow Jones Industrial Average futures were up 0.27%, S&P 500 futures were 0.30% higher, and Nasdaq futures gained 0.33%.

Oil prices were moving lower, with front-month global benchmarks Brent crude and West Texas Intermediate crude declining 0.36% and 0.26% respectively.

The producer price index for December, a measure of wholesale inflation, will be released at 8:30 am ET. The index is expected to increase 0.4%, the same as the previous month, according to Bloomberg. The core PPI, which excludes food and energy, is expected to rise 0.2%, also the same as in November.

Among rising stocks, Nature's Miracle (NMHI) soared 143% in Tuesday's premarket session, erasing a 38% loss from Monday. H&E Equipment Services ( HEES ) shares jumped 107% after the company agreed to be acquired by United Rentals (URI) in a deal worth about $4.8 billion. And Staffing 360 Solutions ( STAF ) surged 61%, a day after it said an amendment to its merger agreement with Atlantic International will allow it to convert certain borrowings into equity.

On the losing side, Mineralys Therapeutics ( MLYS ) fell 6.5%, adding to a 5.2% loss on Monday. Bogota Financial ( BSBK ) shares tumbled 32% after rising 2.8% the previous session. And shares of Cryo-Cell International ( CCEL ) dropped 27% after gaining 2.1% on Monday.