Dow up 112 in early morning trading Tues Feb 9, 2010. Greece proposes significant overhaul of its troubled pension system raising the age of pension recipients and banning early retirement. Unions are in firm opposition.
Coke announcing earnings in line with expectations and showing continued growth in China. McDonald's up with solid growth in Asia as well. European banks up across the board up 4 to 7%. Home builders up this morning with Pulte homes losses shrinking vs. previous quarters. Similar stories among the other home builders.