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Street awaits Fed minutes

VIDEO4:2804:28
In the crystal Fed ball

Thursday brings more information on two major concerns for the U.S. market: the Federal Reserve and China.

"The language in these (Fed) minutes will be important for what the Fed's reasons were for not raising (rates) in September. The market has been very confused about the messages coming from the Fed and the data and what the Fed mandate is," said Omar Aguilar, chief investment officer of equities at Charles Schwab Investment Management.

The Federal Open Market Committee releases the minutes of its September meeting on Thursday at 2 p.m. ET.