U.S. stock futures trended lower early Friday following the stellar rally in major indices yesterday, triggered by the Federal Reserve’s

Indexes rose Thursday as investors digested Wednesday's jumbo rate cut from the Fed and a fall in weekly jobless claims.

Do rate cuts with the stock market at or near all-time highs provide bulls additional fuel or do they portend trouble ahead? Dow Jones Market Data ran back the tape.

U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years.

Markets are pricing in with certainty that the Fed will deliver a rate cut this afternoon, the first in over four years.

The Benchmark Indices on Wednesday after scaling new highs, however corrected to end with 0.16% decline ahead of FOMC meeting outcome. Analysts say markets will react on Thursday to the quantum of rate cuts as will take cues from the Fed commentary on further rate cuts.

S&P 500 futures are dipping 0.2%. Dow Jones Industrial Average futures are down 0.1%. Nasdaq 100 futures are falling 0.3%. On Thursday, the Dow Jones Industrial Average rose 522 points, or 1.26%, to 42,