Morgan Stanley's(MS) reported better-than-expected earnings and revenue weakness in traditional trading revenue weighed on the stock. PepsiCo(PEP) blamed a "devaluation of net monetary assets in Venezuela" for its quarterly profit slide.
Verizon(VZ) beat earnings forecasts but missed on revenue.
IBM(IBM), Google(GOOG) and Microsoft(MSFT) are scheduled to report earnings after the close.
Aside from earnings, Apple's(AAPL) staged a modest comeback in premarket trading Thursday, a day after its stock fell nearly 6%. Apple was hampered by a negative sales forecast from iPhone supplieCirrus Logic(CRUS).