US equity futures were cautiously higher pre-bell Tuesday as traders awaited fresh cues ahead of a key inflation reading later in the week.

Dow Jones Industrial Average futures were 0.1% higher, S&P 500 futures were up 0.3%, and Nasdaq futures were 0.4% higher.

The September Personal Consumption Expenditures Price Index, the Federal Reserve's preferred measure of inflation, is scheduled for release Friday.

Oil prices were lower, with front-month global benchmark North Sea Brent crude down 0.3% at $62.96 per barrel and US West Texas Intermediate crude 0.3% lower at $59.16 per barrel.

Federal Reserve Vice Chair Michelle Bowman is scheduled to speak before a US House of Representatives committee at 10 am ET.

On the earnings front, CrowdStrike (CRWD) is scheduled to release its quarterly results after the closing bell.