U.S. stocks extend their record run Tuesday as earnings from many of the world's largest tech companies loom this week.

Stock futures were mostly rising on Wednesday, as investors bet that the artificial-intelligence rally will keep rolling ahead of a Federal Reserve policy decision and three crucial Big Tech earnings reports.

In stocks, American Express topped the Dow by jumping more than 7% and climbing above its 329.14 buy point. Shares soared as the credit card giant raised its outlook and beat third-quarter expectations. Apple AAPL was the Dow's second-best performer, up 2%.

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Equities fell on Wednesday as the first of the Magnificent Seven stocks — Tesla — prepares to deliver earnings results after the market's close.

Tesla posted record quarterly revenue but its profit came in below Wall Street's expectations. The stock fell 4% after hours during the analyst call.

Live Updates Live Coverage Updates appear automatically as they are published. Updates will appear here as they are published. Markets are pushing aggressively higher again. At the moment, futures are exploding.

Asian shares surged Monday while European markets were little changed after U.S. President Donald Trump said he expected to reach a trade agreement with China. Germany's DAX gained 0.2% to 24,279.53 and the CAC 40 in Paris slipped 0.