US stock futures are rising in Thursday's premarket session as investors await key inflation data and jobless claims figures set for release at 8:30 am ET.

Dow Jones Industrial Average futures are up 0.2%, S&P 500 futures are rising 0.4%, and Nasdaq futures are tracking 0.8% higher.

Oil prices are moving higher, with front-month global benchmarks North Sea Brent crude up 0.2% at $59.81 per barrel, and US West Texas Intermediate crude up 0.3% at $55.97 per barrel.

The US Bureau of Labor Statistics will release inflation data for November and weekly continuing jobless claims at 8:30 am ET. Analysts are expecting the consumer price index, a measure of inflation, to rise to 3.1% from 3.0% in November, and for weekly initial jobless claims to decline to 225,000 from 236,000, according to Bloomberg.

In equities, shares of Athira Pharma (ATHA) jumped nearly 63% pre-bell after it said Thursday that it has agreed to acquire the rights for the development and commercialization of lasofoxifene to treat breast cancer.

Sable Offshore (SOC) shares surged nearly 44% after it said Thursday the US Department of Transportation confirmed its pipeline system connecting the Santa Ynez Unit to the Pentland Station terminal in California is an "active" pipeline under regulations.

Trump Media & Technology Group (DJT) surged 22% after the Truth Social parent and TAE Technologie agreed to merge in an all-stock transaction valued at more than $6 billion.

On the losing side, shares of Mega Fortune Company (MGRT) fell nearly 55% after soaring 144% on Wednesday.

Pyxis Oncology (PYXS) shares dropped 42% after it reported Thursday preliminary phase 1 data for Micvotabart Pelidotin in recurrent/metastatic head and neck squamous cell carcinoma, adding to a 16% loss the previous session.

And shares of Solo Brands (SBDS) lost nearly 18%, erasing Wednesday's 19% gain.