Futures for the Dow Jones Industrial Average slipped 18 points, effectively trading flat, and S&P 500 futures ticked down 0.1%. Both gauges had rallied to new highs on Thursday as investors mulled the Federal Reserve’s half-point interest-rate cut. Contracts tied to the tech-heavy Nasdaq 100 were also in the red, sliding 0.2%.

Super Micro shares are topping the list of S&P 500 gainers early in Wednesday's trading action following an upbeat call from a Needham analyst. The stock has been under pressure in recent months and is down 62% from its March highs.