US stock futures rose on Wednesday to eye fresh records, with hopes for a China boost to Nvidia (NVDA) buoying techs in the wait for the Federal Reserve to confirm bets on an interest-rate cut. S&P 500 futures (ES=F) rose 0.

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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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.

S&P 500 and Nasdaq also score all-time highs; Milei victory boosts Argentine assets

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The stock market rally has already defied expectations this year, shrugging off geopolitical strife, economic uncertainty and global trade tensions to reach fresh record highs. Some analysts say the rally might just be getting started.

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

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