US stock futures rose Wednesday, ahead of US inflation data, with investors pinning their hopes on further stimulus from Washington.
Futures linked to the S&P 500 and the high-tech Nasdaq-100 rose 0.4%. Dow Jones Industrial Average contracts increased 0.3%. Read our complete market package here.
What’s coming
–Gains are due Zillow, Zynga and Wyndham Hotels & Resorts after closing.
Market movers to watch
– Lyft’s shares are rising with an 11% increase before the market after competitor Uber reported a minor quarterly loss, even as its business was hit by the pandemic. Uber itself added 6.4%.
– The shares of technology security firm Akamai fell 7.8% before the bell. After Tuesday’s close, it reported higher revenue in the fourth quarter, but profit fell due in part to higher operating costs and expenses.