Canadian stocks were higher Wednesday as U.S. resource giant Alcoa Inc. advanced following its first-quarter results and traders looked ahead to the release of minutes from the latest interest rate meeting at the U.S. Federal Reserve.The S&P/TSX composite index was up 24.46 points to 14,396.91.The Canadian dollar dipped 0.03 of a cent to 91.53 cents US.New York indexes were positive with markets also finding lift from data showing that U.S. wholesale businesses boosted stockpiles by 0.5 per cent in February following an increase of 0.8 per cent in January. Sales rose 0.7 per cent in February, rebounding from a sharp 1.8 per cent drop in January, which had been blamed in part on severe weather. The solid gain in sales should encourage businesses to keep restocking their shelves to meet rising demand.The Dow Jones industrials came ahead 22.67 points to 16,278.81, the Nasdaq rose 10.87 points to 4,123.06 and the S&P 500 index gained 1.2 points to 1,853.16.Alcoa Inc. lost US$178 million in the first quarter as the price it was paid for aluminum dropped eight per cent from a year ago. However, earnings excluding write-downs to reduce smelting and milling capacity were nine cents per share, four cents better than expectations and Alcoa shares rose 3.83 per cent in New York.Elsewhere on the earnings front, Montreal-based discount chain Dollarama (TSX:DOL) is hiking its quarterly dividend to 16 cents from 14 cents. The retailer also posted a quarterly net profit of $83 million and diluted earnings per share of $1.17. That compares with $77.1 million in the same quarter last year on diluted EPS of $1.04. Sales for the quarter were $582.2 million compared with $561.8 million year-over-year. Its shares ran ahead $4.92 to $90.70.Meanwhile, investors looked for the mid-afternoon release of the minutes of the Fed’s March policy meeting for insight about the possible timing of interest rate hikes. In addition to further reducing its monthly asset purchase program by $10 billion to $55 billion, the central bank changed its forward guidance by dropping the 6.5 per cent unemployment rate tightening threshold. Instead, it will monitor a variety of labour market and inflation indicators.“Post-meeting, Chair Yellen added some (and perhaps too much) clarity by saying that rate hikes could begin ’around six months’ after the asset purchase program ends; in other words, as early as next Spring,” observed BMO Capital Markets senior economist Sal Guatieri. “We still look for a mid-2015 move.”Tech stocks led TSX advancers, up 1.6 per cent with Constellation Software (TSX:CSU) ahead nine cents to $8.79.Prices were mixed on the commodity markets with May crude on the New York Mercantile Exchange up nine cents to US$102.65 a barrel and the energy sector gained 0.1 per cent.The gold sector was a drag, down 0.75 per cent while June bullion fell $6.80 to US$1,302.30 an ounce.The base metals component slipped 0.2 per cent while May copper was down four cents to US$3.01 a pound.Meanwhile, the Greek government announced that it is tapping international bond markets for the first time in four years. The country’s finance ministry said the five-year bond issue would be in euros and “is expected to be priced and carried out in the immediate future.” Greece has been locked out of bond markets since 2010 and been relying on international bailout funds.