U.S. stocks rose at the open on Wednesday, following a steep sell-off in the previous session, as investors awaited the Federal Reserve's interest rate decision and a statement on the economy.

The Dow Jones industrial average <.DJI> gained 32.57 points, or 0.30 percent, to 11,024.56. The Standard & Poor's 500 Index <.SPX> added 6.13 points, or 0.52 percent, to 1,189.84. The Nasdaq Composite Index <.IXIC> was up 10.21 points, or 0.41 percent, to 2,481.68.

(Editing by Jeffrey Benkoe)