Up...

Markets at close:
S.&P. 500 closed at 773.14 (29.81, 4.01% up)
Dow (DJIA) closed at 7,350.94 (236.16, 3.32% up)
Nasdaq closed at 1,441.83 (54.11, 3.90% up)

Apparently the feds are not going to nationalize major banks so up we go. But Mr. Obama has a major speaking engagement tonight so we'll see...