U.S. stock futures inched up on Wednesday, after the S&P 500 capped a seven-day win streak because of a drop in Oracle that called to question the sustainability of the artificial intelligence trade. The government shutdown is also in its second week. Dow Jones Industrial Average futures gained 131 points, or 0.3%. S&P 500 futures and Nasdaq 100 futures climbed 0.2% each. Wall Street is coming off a losing session for the major averages. The Dow Jones Industrial Average fell 91.99 points, or 0.2%. The broad market index pulled back 0.4%, while the Nasdaq Composite slid 0.7%. Those moves came after The Information reported Oracle’s margins from its cloud business are weaker than analysts are currently forecasting, and that the enterprise software company is losing money on some of its deals to rent out Nvidia’s chips. Oracle shares lost 2.5% as a result. The report added to fears that the stock market is currently caught up in an AI bubble that harkens back to the late 1990s, when a feeding frenzy on early internet companies eventually led to the bursting of the dot-com bubble. Many market observers are urging investors to rebalance their portfolios, while also acknowledging there could be further upside before the AI rally exhausts itself. “We had a long rally. Everything feels extended. It feels exciting. It feels euphoric,” Liz Thomas, head of investment strategy at SoFi, told CNBC’s “Closing Bell” on Tuesday. “In reality, I still think that the euphoria can get even more euphoric before something has to actually turn.” The shutdown also weighed on traders after stretching into its seventh day Tuesday. The stoppage has weighed little on equities thus far, but poses a greater risk to sentiment the longer it wears on. Wall Street will also be awaiting the latest Federal Reserve minutes on Wednesday, which could give investors insight into the makeup of the Fed following a highly divisive September meeting. U.S. Treasury yields ticked lower on Wednesday as the government shutdown continued, and investors awaited clues on monetary policy from Federal Reserve officials. The yield on the benchmark 10-year note fell more than 2 basis points to trade to 4.104%. Yields edged downward across the curve, with the longer-dated 30-year Treasury seeing its yield shed more than 2 basis points to 4.699%, while the yield on the 2-year Treasury was less than a basis point lower at 3.564%. Meanwhile, Asia-Pacific stock markets traded mixed Wednesday, breaking ranks from Wall Street losses, after the World Bank raised the region’s growth forecast Tuesday. Hong Kong’s Hang Seng index slid 0.78%. Japan’s benchmark Nikkei 225 closed 0.45% lower to 47,734.99, while the the Topix added 0.24% to end the trading day at 3,235.66. The Japanese yen weakened 0.38% to 152.48 against the greenback after sliding to the 150-level Monday. Australia’s ASX/S&P 200 fell 0.1% to close at 8,947.6. Mainland China and South Korean markets are closed for the holidays. Oil prices climbed by over 1% on Wednesday, helped by a smaller than expected output hike from producer group OPEC+ next month, though concerns about oversupply capped further gains. Brent crude futures rose 82 cents, or 1.3%, to $66.27 a barrel. U.S. West Texas Intermediate crude climbed 85 cents, or 1.4%, to $62.58. The benchmarks settled broadly flat in the previous session as investors weighed signs of a supply glut against a smaller-than-expected increase to November output from the Organization of the Petroleum Exporting Countries and allies led by Russia, or OPEC+. Gold raced past $4,000 an ounce for the first time on Wednesday as investors piled into a record-breaking rally in the safe-haven asset to hedge against global economic uncertainty, while also betting on U.S. interest rate cuts. Spot gold was up 1.3% at $4,036.22 per ounce. U.S. gold futures for December delivery gained 1.3% to $4,058. Silver also latched on to gold’s rally, gaining 2.4% to $48.97 per ounce, and just shy of its all-time high of $49.51. Traditionally, gold is seen as a store of value during times of instability. Spot gold is up about 54% year-to-date, after gaining 27% in 2024. It is one of the strongest-performing assets of 2025, outpacing advances in global equity markets and bitcoin, while the U.S. dollar and crude oil are down for the year.