Stock futures on Thursday pointed to a Wall Street open that was little changed as investors paused to assess the sustainability of the market's recent run-up.

JPMorgan Chase & Co posted second-quarter results that beat analyst estimates, but its shares dipped 1 percent to $35.88 before the bell, a day after the stock surged along with other financials on expectations of reassuring results from the banking sector.

There was also caution about the future of lender CIT Group Inc after talks over its bailout collapsed.

S&P 500 futures were 0.50 points lower and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures rose 20 points, and Nasdaq 100 futures shed 4.25 points.

In Wednesday's session Wall Street wrapped up its biggest 3-day run-up since March.

(Reporting by Ellis Mnyandu; Editing by Padraic Cassidy)