The Federal Open Market Committee (FOMC) minutes were released, providing insight into the Federal Reserve’s discussions on monetary policy. Investors closely analyzed the minutes for clues on future interest rate decisions and economic outlook.

Crude oil inventories data was also released, showing a larger-than-expected decrease in stockpiles. This news caused oil prices to rise as the market reacted to the decrease in supply. Traders are keeping a close eye on oil inventories as they gauge market sentiment and potential price movements.

Read more at Investing.: FOMC minutes, crude oil inventories top economic events Wednesday