Wall Street pointed lower Friday as a rally driven by the Federal Reserve’s big cut to interest rates faded and markets' focus turned to earnings and other corporate news. Futures for the S&P 500 shed 0.

The Dow Jones industrial average set a record, as Wall Street geared up for the most anticipated meeting of the Federal Reserve in years

Wall Street ripped gains on Thursday, with market participants taking confidence from the Fed's bumper half-point rate cut the previous day. Read more here.