U.S. equities are idling in neutral U.S. equities are idling in neutral ahead of the open without much domestically to guide investors while awaiting key Fed events on Weds other than a preliminary round of Fedspeak on low rate policy today. It wasn't a particularly inspiring session globally either, with Asian equities sideways as Japan's N-225 rose 0.13% and the Shanghai Comp gained 0.22%, while the Euro Stoxx 50 is 0.45% lower. Yesterday U.S. equities closed off highs after the Dow, S&P and Russell marked fresh historic highs and today the Dow is 10-points higher, S&P is unchanged and NASDAQ is 1-point higher ahead of the opening bell. In company specific news, JP Morgan shares were sideways heading into its shareholder vote on Chairman-CEO Dimon's dual role. Apple CEO Tim Cook will testify before Senate after a report that the company avoided taxes on $billions via is Irish subsidiary. Home Depot rallied over 3.5% after boosting its earnings and sales thanks to the housing recovery. Carnival Corp sank 7% after its earnings suffered from discounting of ticket sales after recent cruiseline strandings and accidents. Best Buy fell 2% after weaker sales and reinvestment.
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