US stock indices rose on Wednesday as the tech sector rebounded while trade tensions cooled between the US and China.

The Washington Post reported that Russia and Ukraine will hold their first high level talks since 2022 in Istanbul, under mounting western pressure to agree on a 30-day ceasefire as a step towards peace.

US State Secretary Marco Rubio is scheduled to join the talks to bolster the chances of a deal, while Ukrainian President Zelensky called for a summit meeting with Russian President Vladimir Putin.

Positive results from the talks would bolster investor confidence and risk appetite in the markets.

On trading, Dow Jones rose 0.2% as of 15:29 GMT to 42219 points, while SP 500 rose 0.1% to 5891 points, as NASDAQ added 0.4% to 19094 points.