Stock futures fall as Meta Platforms shares sell off after earnings: Live updates

Traders will watch out for the first-quarter reading of the U.S. gross domestic product, due at 8:30 a.m. ET Thursday. Economists polled by Dow Jones expect that real GDP came in at 2.4%. Weekly jobless claims are also due.

"The decrease in sales volume was primarily driven by lower sales of equipment to end users; there was not a significant impact from changes in dealer inventories," Caterpillar said in aon both lines. It saw 36 cents in adjusted losses per share on $6.33 billion in revenue, while analysts surveyed by LSEG forecasted a loss of just 34 cents and revenue at $6.42 billion.

The pharmaceutical giant earned an adjusted $2.07 per share on $15.78 billion in revenue. Analysts surveyed by LSEG anticipated just $1.88 per share and $15.2 billion.

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