The USA500 is currently trading above 5,000 levels.
Wednesday morning saw S&P 500 futures edging higher as investors analysed the latest financial reports from corporate America.
Futures linked to the S&P500index rose by 0.26%, with Nasdaq 100 futures showing a more significant increase of 0.66%. Meanwhile, Dow Jones Industrial Average futures saw a modest uptick of 0.06%.
Tesla experienced a notable surge of over 13% in extended trading following the company's announcement of a renewed focus on "more affordable" electric vehicle models. However, despite its status as a mega cap tech favourite among retail investors, Tesla fell short of expectations on both revenue and earnings lines in its latest quarterly report.