ZAIN ASHER, CNN CORRESPONDENT: Another turnaround Tuesday from the CNNMoney Newsroom in New York. I'm Zain Asher. This is "Your Money." A pretty big rally is under way for the Dow right now, although it has pulled back considerably since it touched another interday high this morning. The rally started in Japan and slowly spread to the U.S. Japanese stocks jumped after a member of the Bank of Japan said it would continue to keep interest rates low. A member of the ECB made similar comments and that starts a rally there that eventually spread. All of this helped alleviate the worries we saw last week with the U.S. Federal Reserve. Might put an end to stimulus earlier than expected but also helping U.S. stocks is positive economic news at home. Home prices in the U.S. posted their strongest gains since the housing boom rising nearly 11 percent in March. According to the S&P; Case Shiller, more people are buying more expensive homes instead of cheap foreclosures. That plus the fact that home construction unexpectedly fell last month has some analysts worrying that the economy could, in fact, slow down. But despite that caution, a recovery is under way across the country. Prices are up by more than 10 percent in more than half of the cities in the index. The biggest increase is actually in Phoenix. Prices are up 22 percent from March 2012. Also at the top, by the way, San Francisco, along with Las Vegas and Detroit, two of the cities hit hardest during the recession. And the stock market rally and housing recovery are starting to make consumers feel much better about the economy today. We learned that consumer confidence is at a five-year high this month. The conference board said consumers feel more positive about economic and job growth. And lastly, here's another possible reason stocks are higher today. It is Tuesday. If the gains actually hold, today will mark the 20th straight Tuesday the Dow has finished higher, 20 in a row is a record high for Tuesdays. We need -- we need four more weeks to match the all-time record for any day of the week. The Dow rose for 24 straight Wednesdays back in 1968. That is it for me. From the CNNMoney Newsroom in New York, I'm Zain Asher.
Another Turnaround Tuesday At The Stock Market