Stock futures fluctuated on Wednesday morning after a sharp increase in U.S. durable goods orders in October. 

S&P 500 futures were down 0.08%, Dow Jones Industrial Average futures added 0.01%, and Nasdaq futures fell 0.1%. 

Orders for long-lasting goods in the U.S. increased 4.8% in October, according to the Census Bureau. Analysts anticipated far-slower growth of 1.5%. Excluding transportation, orders rose at a slower 1% pace. Core capital goods orders increased 0.4%, while core shipments climbed 0.2%. 

Jobless claims rose in the past week, though remained at multi-decade lows. The number of new claims for unemployment benefits increased by 18,000 to 251,000, according to the Labor Department. The less-volatile, four-week average fell 2,000 to 251,000. 

Wall Street's benchmark indexes scored record closes for the second day in a row on Tuesday. The S&P 500, Dow and Nasdaq each recorded all-time high closes, even though gains were modest. The Dow also closed above 19,000 for the first time in its history. 

Crude oil prices moved slightly lower on Wednesday as traders tempered hopes over a production freeze agreement among Organization of Petroleum Exporting Countries. Iran, Iraq and Indonesia reportedly resisted parts of the deal in a conversation in Vienna on Tuesday, according to Reuters. OPEC members were debating whether to cut output by 4% to 4.5%, excluding Libya and Nigeria. Members will meet again in Vienna on Nov. 30 to vote on the deal.

West Texas Intermediate crude was down 0.4% to $47.90 a barrel on Wednesday morning.

Minutes from the Federal Reserve's meeting earlier in November, to be released Wednesday afternoon, will be closely scrutinized for confirmation that an interest rate hike in December is a go. The Federal Open Market Committee opted to leave rates unchanged at its November meeting, but reiterated that the case for a hike had strengthened. Fed members have recently taken a hawkish tone, pointing to upward trends in inflation and a robust labor market as reason the economy is ready for another rate hike.

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