NEW YORK (CNNMoney.com) - Investors will be watching Wednesday to see if a five-day stock winning streak will continue into the Thanksgiving holiday.

U.S. stock futures were mixed, indicating a flat or mixed opening for stocks ahead of what's likely be a light trading day as market participants try to get away early for the holiday. Lower volumes can add to market volatility.

Stocks posted another late-day rally Tuesday after minutes of the Federal Reserve's Open Market Committee released Tuesday afternoon suggested the Fed may be getting near the end its course of interest rate hikes.

But while the Fed minutes raised hopes of an end to rate hikes, Richmond Federal Reserve President Jeffrey Lacker told Reuters late Tuesday that it was too soon to declare the Fed's rate increases over, stressing inflation remained a risk amid solid growth.

"I think Lacker's comments will throw cold water on this market," said Anthony Chan, senior economist with JPMorgan Asset Management. "Today the markets are going to realize that party yesterday was a bit premature. The Fed minutes were telling us something obvious that we're closer to the end, but that doesn't mean we're at the end."

U.S. stock markets are closed Thursday and will be open for about a half-day Friday.

Oil prices were down ahead of the weekly report on U.S. fuel inventory report, due at 10:30 a.m. ET. The January light crude futures contract for NYMEX lost 46 cents to $58.38 a barrel in electronic trading, while the January contract for Brent crude fell 63 cents to $55.78.

While Japan's markets were closed for that country's Thanksgiving holiday Wednesday, other major markets in Asia closed higher. Major European markets were higher in early trading.

Treasury prices were lower, lifting the yield on the 10-year note to 4.43 percent from the 4.42 percent level late Tuesday following the Fed minutes release. The dollar lost ground against on the yen and was little changed against the euro.

Economic reports Wednesday include the weekly report on initial jobless claims, moved up a day from its normal release due to the holiday, and a revision of the University of Michigan survey on consumer confidence. Economists surveyed by Briefing.com forecast that index edged up to 81.0 from its early November reading of 79.9.

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