Zipcar surged about 50 percent on news that the car rental firm is being bought by Avis Budget Group for $12.25 per share in cash, or $500 million.
Bank of America also gained on a Wall Street Journal report that the company could be in position to repurchase the $5 billion stake that Warren Buffett took in 2011.
Apple jumped nearly 3 percent in pre-market trading amid reports the company has begun testing hardware for the iPhone 6. Meanwhile, Raymond James lowered its price target on the company to $690 from $700.
Facebook rallied after JPMorgan lifted its price target on the social-networking company to $35 from $29 and Cowen & Co. initiated coverage of the firm with a "neutral" rating.
On the economic front, the Institute for Supply Management's (ISM) non-manufacturing index, which tracks monthly changes in the services sector, is due out at 10 a.m. New York time on Wednesday. Economists polled by Reuters predict activity increased in December from 49.5 to 50.2. A reading above 50 indicates a sector expansion.
And construction spending data for November will also be released at 10 am. Economists polled by Reuters forecast spending rose by 0.8 percent in November against a 1.4 percent rise in October.