India, Sept. 3 -- The major U.S. index futures are currently pointing to a higher open on Wednesday, with stocks likely to regain ground following the pullback seen over the two previous sessions.

Alphabet (GOOGL) may help lead an early rebound on Wall Street, as the Google parent is surging by 6.9 percent in pre-market trading.

The spike by shares of Alphabet comes after a federal judge ruled the company will avoid the most severe consequences in a landmark antitrust case.

U.S. District Judge Amit Mehta ruled Google will not be required to divest its Chrome browser nor a contingent divestiture of the Android operating system.

"Plaintiffs overreached in seeking forced divestiture of these key assets, which Google did not use to effect a...