The DJIA is slightly higher ahead of today's FOMC April meeting minutes
The
Dow Jones Industrial Average (DJIA) is signaling a higher start this morning -- and could be on track for
another record-setting session. The day's attention will likely swarm around the Federal Open Market Committee's (FOMC) April meeting minutes -- set for release at 2 p.m. ET -- as traders look for hints of a possible June rate hike. Ahead of the highly anticipated event, speculators will have plenty of earnings reports to digest, including those from
Lowe's Companies (NYSE:LOW), Etsy Inc (NASDAQ:ETSY), and Staples, Inc. (NASDAQ:SPLS).
Continue reading for more on today's market, including:
And now, on to the numbers…

Futures on the Dow Jones Industrial Average (DJIA) are nearly 10 points above fair value.
Market Statistics
The Chicago Board Options Exchange (CBOE) saw 803,780 call contracts traded on Tuesday, compared to 475,949 put contracts. The resultant single-session equity put/call ratio dropped to 0.59, while the 21-day moving average fell to 0.63.


Currencies and Commodities
- The U.S. dollar index is up 0.3% at 95.56.
- Crude oil is on the mend, last seen 1% higher at $58.58 per barrel.
- Gold has tacked on roughly 0.1% to trade at $1,207.80 per ounce.

Earnings and Economic Data
The minutes from the FOMC's latest meeting will be released today, along with weekly crude inventories. Stepping up for earnings will be American Eagle Outfitters (AEO), Hormel Foods (HRL), L Brands (LB), LOW, NetApp (NTAP), Salesforce.com (CRM), Shoe Carnival (SCVL), SouFun (SFUN), SPLS, Target (TGT), and Williams-Sonoma (WSM). To see what else is on this week's agenda, click here.
Overseas Trading
It was a mostly higher finish in Asia today, as traders cheered a record-setting day on Wall Street and stronger-than-forecast gross domestic product (GDP) data from Japan. By the close, Japan's Nikkei and South Korea's Kospi were both up 0.9%, while China's Shanghai Composite added 0.7%. Hong Kong's Hang Seng sat out the regional uptrend, shedding 0.4% amid a decline in mainland-based shares.
European benchmarks are mixed, after Greece's parliamentary speaker warned the country may miss a debt repayment due June 5 if a deal with lenders is not reached. At last check, the German DAX and the French CAC 40 are flirting with 0.2% losses, while London's FTSE 100 is 0.2% higher.

Unusual Put and Call Activity

