Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Stimulus Hopes Continue to Lift Dow

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

LONDON -- The Dow Jones Industrial Average (INDEX: ^DJI  ) is expected to follow the lead set by its European and Asian counterparts and rise slightly when markets open today, according to futures markets. Hopes are pinned on hints of further central bank stimulus efforts, with Federal Reserve Chairman Ben Bernanke due to speak to Congress today.

Also of interest to U.S. traders will be the latest weekly jobless claims figures, which are due at 8:30 a.m. EDT and are expected to be down a fraction from last week. The latest household debt and consumer credit figures are due out later in the day and could provide further indications of the state of the real domestic economy. Weekly EIA gas storage figures are also due and are expected to show a rise, which could weaken natural-gas prices slightly.

In Europe, markets continued yesterday's upward march this morning, albeit at a slower pace than yesterday. The Bank of England held its monthly rate-setting meeting and confirmed that there would be no change to interest rates or additional quantitative easing for another month. Bank bailout hopes helped Spain to successfully negotiate its latest bond auction, selling just over its 2 billion euro target of short- and long-dated bonds. Yields rose substantially but remained below peak levels seen in recent days in the bond markets. The yield on 10-year bonds averaged 6.044% (last time it was 5.743%), but shorter-yielding bonds saw bigger increases, with four-year bonds yielding 5.353% and two-year bonds yielding 4.335%, up respectively from 4.319% and 3.463% at the last auction.

At 7 a.m. EDT the FTSE 100 (INDEX: ^FTSE  ) was up by 0.5%, with the German DAX up 0.2% and the French CAC 40 and Spanish IBEX 35 both up by more than 1%. In London, shares of catalytic-converter manufacturer Johnson Matthey (LSE: JMAT.L  ) rose by more than 4% following a strong set of results and the announcement of a 100 pence special dividend for shareholders. Other strong risers included Burberry and Lloyds Banking Group.

Shares likely to be active in U.S. trading today include Lee Enterprises (NYSE: LEE  ) , which rose 16% late yesterday when it was disclosed that Warren Buffett's Berkshire Hathaway had taken a 3.2% stake in the company. Another company that benefited from a substantial Buffett investment recently was a leading British blue-chip brand that also has a significant presence in the U.S. The purchase doubled Buffett's stake in this famous name to 5% -- and you can find all the details of the billionaire investor's big U.K. deal in this special free report, which includes the name of the company and the price he paid.

Companies due to release earnings today include Rite Aid, while disappointing results from The Men's Warehouse (NYSE: MW  ) last night could result in falls in trading today.

Are you looking to profit from this uncertain economy? "Ten Steps To Making A Million In The Market" is The Motley Fool's latest report. We urge you to read it today -- your wealth could be transformed. Click here now to request your free, no-obligation copy. The Motley Fool is helping Britain invest. Better.

Further investment opportunities:

Roland Head owns no shares of the companies mentioned. The Motley Fool owns shares of Berkshire Hathaway. Motley Fool newsletter services have recommended buying shares of Berkshire Hathaway. The Motley Fool has a disclosure policy. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Read/Post Comments (0) | Recommend This Article (4)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 1905501, ~/Articles/ArticleHandler.aspx, 5/25/2016 9:26:50 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Roland Head

Today's Market

updated 12 hours ago Sponsored by:
DOW 17,706.05 213.12 0.00%
S&P 500 2,076.06 28.02 0.00%
NASD 4,861.06 95.27 0.00%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

5/24/2016 4:32 PM
^DJI $17706.05 Up +213.12 +0.00%
^FTSE $6253.89 Up +34.63 +0.56%
FTSE 100 CAPS Rating: No stars
LEE $1.95 Down -0.05 +0.00%
Lee Enterprises, I… CAPS Rating: **
TLRD $12.90 Down -0.08 +0.00%
The Men's Wearhous… CAPS Rating: **