U.S. stock futures mixed after Tuesday's rally

LONDON (MarketWatch) - U.S. stock futures were mixed on Wednesday after the previous session's surge, as mortgage giant Freddie Mac slashed its dividend and media conglomerate Time Warner reported a profit fall.
S&P 500 futures slipped 3.8 points to 1,279.10 and Dow industrial futures fell 44 points, while Nasdaq 100 futures rose 3.25 points to 1,872.25 on the back of results from Cisco Systems.
U.S. stocks rallied on Tuesday as oil prices continued to drift lower and as the Federal Reserve's interest-rate setting committee held rates unchanged and didn't make much hawkish noises in the accompanying statement. The Dow Jones Industrial Average surged 331 points, the Nasdaq Composite rose 64 points and the S&P 500 added 35 points.