Lyft, Twitter, Cisco, Yelp: what to watch for when the stock market opens today



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U.S. equity futures soared Wednesday ahead of US inflation data, as investors place their hopes in another stimulus from Washington.

Futures contracts linked to the technology-intensive S&P 500 and Nasdaq-100 rose 0.4%. Contracts on the Dow Jones Industrial Average added 0.3%. Read our full market overview here.

What is coming

Income is due of Zillow, Zynga and Wyndham Hotels & Resorts after closure.

Markets to watch

– Lyft shares take off with an 11% rise before market launch after Uber’s competitor reported a narrower quarterly loss even as its business was hammered by the pandemic. Uber itself added 6.4%.

– Shares of tech and security company Akamai are down 7.8% before the bell. After Tuesday’s close, it reported higher fourth-quarter revenue, but profit fell in part due to higher costs and operating expenses.

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