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
There was also caution about the future of lender CIT Group Inc
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)