07:31 AM EDT, 07/26/2024 (MT Newswires) -- US equity futures were pointing higher before Friday's open as traders await the personal income and outlays report for June and the week's final round of corporate earnings.

The S&P 500 futures gained 0.7%, the Dow Jones Industrial Average added 0.5% and the Nasdaq rose 1% in premarket activity. The majority of Asian exchanges were pointing higher, while European bourses were tracking in the green.

The income report is scheduled for an 8:30 am ET release and includes the personal consumption expenditure core price index, the Federal Reserve's preferred inflation metric. Also on Friday's economic calendar, the final University of Michigan consumer sentiment report for this month is out at 10 am, followed by the weekly Baker Hughes domestic oil-and-gas rig count at 1 pm.

Booz Allen Hamilton ( BAH ) reported fiscal first-quarter diluted earnings per share of $1.38, down from $1.47 reported last year. Colgate-Palmolive's ( CL ) second-quarter adjusted EPS came in at $0.91, compared with $0.77 reported in the prior-year quarter.

Bristol-Myers Squibb ( BMY ) , Aon (AON), 3M ( MMM ) , Charter Communications ( CHTR ) , Centene ( CNC ) , First Hawaiian ( FHB ) and Newell Brands ( NWL ) also report their latest financial results before the bell, among others.

Shares of DexCom ( DXCM ) slumped 35% pre-bell after the diabetes device maker slashed its full-year revenue outlook. Lululemon Athletica ( LULU ) edged up 0.9% after closing Thursday's trading session with a 9.1% drop. Deckers Outdoor ( DECK ) jumped 11% after lifting its fiscal 2025 earnings guidance.

Before the opening bell, bitcoin advanced 3.9% to $67,297, West Texas Intermediate crude oil declined 0.4% to $77.99 a barrel, yields on 10-year Treasuries slipped 1.1 basis points to 4.24% and gold increased 0.8% to $2,373 an ounce.