Do You Know that Stock Market is Up! Why?

US STOCKS-Wall St opens higher after Citi rescue
NEW YORK - U.S. stocks rose on Monday after the U.S. government agreed to inject $20 billion of new capital into Citigroup, heading off a bank collapse that could have crippled the world's financial system.

The Dow Jones industrial average rose 142.89 points, or 1.78 percent, to 8,189.31. The Standard & Poor's 500 Index gained 17.27 points, or 2.16 percent, to 817.30. The Nasdaq Composite Index was up 28.33 points, or 2.05 percent, at 1,412.68.
Freddie Mac Pledged To Buy $17.4 Billion of Mortgage Bonds In Oct
NEW YORK - Freddie Mac (FRE) reported Monday that it committed to buy $17.4 billion of mortgage bonds in October, up substantially from the slim $2.5 billion pledged in the previous month.
During the same month, the U.S. Treasury bought $21.5 billion of mortgage bonds, more than quadruple the $5.1 billion it purchased in the previous month.
The housing finance company, which was taken over by the U.S. government in September, also reported that its total mortgage portfolio shrunk in October by 0.8%.
Delinquency rates on single-family homes also rose, according to Freddie Mac data, jumping to 1.34% from 1.22% in September.