U.S. stock futures were mixed early Wednesday after the previous session's rally, as Wall Street marked the second anniversary of the bull market.
About three hours before the start of trade, futures on the Dow Jones Industrial Average were up 30 points at 12229, Standard & Poor's 500 futures added 2.30 points to 1322.4 and Nasdaq 100 futures were off 1.5 points at 2332.50.
The blue-chip Dow index rallied 124.35 points, or 1%, Tuesday, posting its first gain in three trading days after Bank of America fueled expectations it will increase dividends and share buybacks. The S&P 500 index rose 0.9% to 1321.82.
"Today is the second anniversary of the closing low for the S&P 500 (676.53) back near the depths of the credit crisis," Deutsche Bank said in a note. Since then, it's been "one of biggest two-year price-return periods seen over the last 80 years," the broker added.
The S&P 500 has surged around 95% since its March 9, 2009, low.
Asian stocks rose overnight, with Japan's Nikkei Stock Average gaining 0.6%. European stocks were mostly higher, with the Stoxx Europe 600 up 0.2% in late morning trade.
The U.S. economic calendar is thin Wednesday. Data on wholesale inventories for January are due at 10 a.m., EST.
In premarket trading, shares of Nokia gained 1.3% after the mobile-phone giant was upgraded to market perform from underperform by Bernstein late Tuesday.
Traders kept an eye on oil prices. New York crude oil for April delivery slipped 20 cents to $104.82 a barrel in electronic trading on Globex.
The dollar was little changed against its rivals, while gold futures for April delivery rose $3.30 to $1,430.50 an ounce.
