The Dow Jones Industrial Average (INDEXDJX:DJI) is pointed slightly higher ahead of the bell, despite new details out of Russia on the country's retaliatory ban on food imports from the U.S. and several other nations. Investors are also turning their attention to Europe, as the Bank of England (BoE) and European Central Bank (ECB) just announced that their respective monetary policies will remain unchanged for now. Stateside, weekly jobless claims are expected out this morning, while the Fed's monthly update on consumer credit is due for release this afternoon.
Futures on the Dow Jones Industrial Average 2 Minute (INDEXDJX:.DJI) are nearly 29 points above fair value.
The Chicago Board Options Exchange (CBOE) saw 856,101 call contracts traded on Wednesday, compared to 686,877 put contracts. The resultant single-session equity put/call ratio rose to 0.80, while the 21-day moving average edged higher to 0.64.
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