1) Even More Earnings

Chevron (CVX), MasterCard (MA) and Mattel (MAT) are reporting earnings before the opening bell.

Chevron earnings will be a particular focus as investors look for signs of how rock-bottom crude prices are affecting the company's plans. Mattel shares tumbled nearly 5% premarket after the company said sales and profits fell in the fourth quarter. Barbie sales dropped 12%.

U.S. stock futures were sharply lower ahead of the open.

On Thursday, the Dow Jones industrial average rose 1.3%, while the S&P 500 and the Nasdaq gained 1.0%.

2) Amazon Jumps

Online retail giant Amazon (AMZN, Tech30) reported earnings Thursday that beat Wall Street's expectations. Its shares soared by more than 11% in premarket trading. Google (GOOG) shares were also firmer premarket.

3) A little Bit of Data

The University of Michigan will report the final version of its January consumer sentiment index at 9:55am ET.

4) International Markets Overview

European markets opened firmer on Wall Street's gains, but turned lower in morning trade.

Greek stocks were steady, with banks continuing to recover after slumping earlier this week on fears about the future of the country's international bailout. Greek Prime Minister Alexis Tsipras will meet eurozone officials in Athens Friday for the first time since winning Sunday's election.

Russia slashed interest rates to 15% from 17% in a bid to prevent an even deeper recession.

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