The U.S stock index futures opened lower on Thursday after the earnings of Morgan Stanley, an American multinational investment bank missed the estimates.
Futures for the Standard & Poor's 500 index futures dropped to 2606.12. The Nasdaq futures opened lower at 7010.13 while the futures for the Dow Jones Industrial Average fell to 24,147.09.
The bank posted profit of 80 cents per share, below the 89 cent average estimate of analysts surveyed by Refinitiv. Companywide revenue declined 10 percent to $8.55 billion, compared with the $9.3 billion estimate.