The Dow Jones Industrial Average's
British and German markets are down slightly, while the French CAC 40 is up more than 1%. In Asia overnight, stocks declined sharply, with the Hang Seng losing more than 3%. Dow investors may finally be getting over the European turmoil, as futures are nosing up before open.
Enthusiasm for Friday's Facebook IPO may also be helping to buoy investors, though the social network received some bad news yesterday when General Motors
News also came out that Berkshire Hathaway
Following yesterday's shareholder meeting, JPMorgan Chase
One event investors will be keeping their eye on today is the release of the Federal Open Market Committee minutes at 2 p.m. The FOMC holds eight meetings throughout the year, the minutes of which are released three weeks later. The minutes help provide observers with a window into the Fed's view of the economy and its future.
Housing starts came in higher than expected for April at 717,000, beating estimates of 680,000. March figures were revised upward. The new construction could be a boon for Home Depot
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Fool contributor Jeremy Bowman holds no positions in the companies in this article. The Motley Fool owns shares of JPMorgan Chase and Berkshire Hathaway. Motley Fool newsletter services have recommended buying shares of The Home Depot, Berkshire Hathaway, and General Motors. 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.