Tuesday, January 31 Market Recap

TUESDAY(DJIA -21) Asian markets rallied overnight and the Greek PM said progress is being made on debt talks. That and expectations for a substantially increased Euro bailout fund, propelled markets early. But, the Case-Shiller Home Price Index was-.7% vs. -.5% expected, and consumer confidence was 61.1 vs. 68.0 expected and 64.5 the previous month. Markets turned negative on the news, but then rallied a bit as the day wore on.