This live blog is refreshed throughout the day with the latest updates from the market. To find the latest Stock Market Today threads, click here.

Happy Wednesday. Stock futures were lower and oil prices were rising Wednesday after Wall Street closed at record highs, as investors await the release of the Federal Reserve’s minutes from its September meeting.

The minutes are expected to show a much broader debate among policymakers than reflected in the unanimous decision to raise interest rates, with possible implications for the U.S. central bank’s next policy steps, Reuters reported.

The rate hike at the conclusion of the September 15-16 meeting was billed by Fed Chairman Kevin Warsh as an effort to remove a “dose of accommodation” at a time when inflation appeared stalled above the central bank’s 2% target and monetary policy, in Warsh’s view, was putting little restraint on the overall economy.

The minutes are scheduled for release today at 2 p.m. ET.

Markets closed higher Tuesday, with the S&P 500 scoring a record close and the Nasdaq Composite hitting an all-time high.

“Tuesday closed with another all-time high in Wall Street helped by continued enthusiasm around AI and expectations for close to 30% S&P 500 earnings growth in Q3,” Daniela Hathorn, senior market analyst with Capital.com, said.

“However, the S&P 500 and Nasdaq futures are edging lower this morning as investors reassess the balance between strong earnings expectations and a renewed rise in bond yields.”

Hathorn said the main constraint remains the Treasury market, with the 10-year yield back around 5.31% and the 30-year near 5.68%, reversing part of Tuesday’s relief.

“This keeps valuation pressure elevated, particularly outside the mega-cap technology names that continue to dominate index performance,” she said.

“Investors are also waiting for today’s FOMC minutes for clues on how much appetite remains for another rate hike later this month, with markets currently putting the probability of a 25bp move at only around 20%.”