Dow Jones Industrial Average Stages Triple-Digit Comeback as Dollar Cools

The Dow Jones Industrial Average (INDEXDJX:DJI) headed higher out of the gate -- and was last seen enjoying a triple-digit lead -- as a halt in the dollar's surge and a central bank-boost from overseas buoy investor sentiment. Also helping to lift the blue-chip barometer is a 2.8% pop for component Walt Disney Co (NYSE:DIS), which is set to kick off its annual shareholder meeting this afternoon. On the economic front, retail sales dropped for a third straight month -- something that hasn't happened since 2012 -- weekly jobless claims fell by more than expected, import prices rose, and business inventories were flat.

Continue reading for more on today's market -- and don't miss:

• The Wall Street newcomer that's tanking following its inaugural turn in the earnings confessional.
• Schaeffer's contributor Adam Warner breaks down this $39 million bet on the struggling euro.
• Plus ... Checking in on CBOE Volatility Index (VIX), the SPDR S&P 500 ETF Trust (SPY), and other noteworthy stats at midday.

Among the stocks with notable option volume is Salix Pharmaceuticals, Ltd. (NASDAQ:SLXP), with the contracts running at 10 times the expected intraday rate. The stock's April 170 call is easily the most sought-after option, and it appears new positions are being purchased here. By buying the calls to open, speculators expect SLXP to extend its lead north of $170 through the close on Friday, April 17 -- when back-month options expire. Today, the security is up 1.1% at $170.40, after receiving a fresh buyout bid yesterday afternoon.

For more midday statistics and stocks on the move, head to page 2.

Lumber Liquidators Holdings Inc (NYSE:LL) is among the leading advancers on the Big Board, as the flooring specialist scrambles to defend the safety of its products in the wake of stiff accusations. At last check, the stock was up 14% -- after being halted earlier -- to trade at $37.30, and on pace to close north of its 10-day moving average for the first time since Feb. 24.

ACADIA Pharmaceuticals Inc. (NASDAQ:ACAD) is the biggest loser on the Nasdaq, after the biotech unveiled big news about both its leading drug candidate and management structure -- and was hit with a round of bearish brokerage notes. At midday, the stock is off 23.4% at $34.10, but finding support from its 50-day moving average.

The CBOE Volatility Index (VIX) is down 1.2 points, or 6.9%.

Today's put/call volume ratio on the SPDR S&P 500 ETF Trust (SPY) is 2.27, with puts more than doubling calls. SPY was last seen up 2 points, or 1%, at $206.46.