Stock market today: S&P 500 futures edge up as Intuitive Surgical, Match Group, Lennar rise

• Stock futures edged higher in early trades, as investors await US inflation numbers on Thursday.
• Intuitive Surgical, Match Group, and Lennar were among stocks making the biggest moves premarket.
• Bitcoin dropped for a second day, while 10-year bond yields and oil prices were little changed.

US stock futures edged up in Wednesday's early trades, as markets awaited the fresh inflation figures due later this week.

S&P 500 stocks making the biggest moves in premarket trading included Intuitive Surgical, Match Group, Nvidia, and Lennar Corporation.

Markets overview

• Futures on the S&P 500 equity index were up 0.14% at 4,799.25 as of 5.25 a.m. ET, while similar contracts on the Nasdaq 100 advanced 0.4% to 16,891.5.
• European stocks were little changed and the dollar was in a defensive mode as investors looked forward to US consumer-price data, which may provide fresh insights on the Federal Reserve's thinking on interest rates.
• The Dollar Index — which tracks the greenback against a basket of currencies — is still 1% up for January, after declining in each of the past two months.
• Bitcoin declined for a second day, falling 1% to $45,627, adding to Tuesday's 1.9% drop. Oil prices were little changed, with Brent crude trading at $77.47 per barrel.
• Ten-year Treasury yields were steady at 3.99%.

Top movers

Here are some of the biggest premarket movers among S&P 500 stocks:

• Intuitive Surgical: The surgical robot maker climbed almost 5% to $346.61 in early trades after reporting better-than-expected results. It projected fourth-quarter revenues of $1.93 billion, compared with Wall Street estimates for about $1.87 billion.
• Match Group: The owner of dating apps Tinder and Hinge added to its gains from Tuesday, following reports that activist investor Elliott Investment Management had taken a stake worth about $1 billion. Shares were up 2.5% to $40.
• Lennar Corporation: The stock gained after the home construction firm said it will increase its annual dividend payout by 50 cents to $2 a share. The shares rose 2.1% in premarket trading to $151.25.
• Nvidia: The best-performing S&P 500 stock of last year made modest gains in Wednesday's early trades, after announcing plans to unveil new chipsets. The shares were up 1.1% at $537.48.
• Etsy: The e-commerce company led declines in premarket trades, with the stock slipping 1.9% to $75.33.