US stocks jumped at the open Wednesday as investors were encouraged by news that the US and China are set to start trade talks this weekend, even as traders awaited the Federal Reserve policy decision later in the day.

U.S. stock futures point to a higher open on news China and the U.S. will begin trade talks later this week in Switzerland.

U.S. stock index futures rebounded on Wednesday as hopes of a de-escalation in trade tensions with Beijing firmed, while the Federal Reserve's ongoing monetary policy meeting remained in focus. Washington announced late on Tuesday that representatives of the two countries would meet over the weekend in Switzerland for ice-breaker trade discussions.