Wall Street boosted by financial, tech stocks

Wall Street boosted by financial, tech stocks
 

U.S. stocks rose on Friday, the last day of the third quarter, helped by gains in financials and technology stocks.
The S&P 500 financial index rose 0.92 percent, outpacing the other major sectors of the benchmark index.
The sector had lost nearly 1.5 percent on Thursday, sparked by declines in Deutsche Bank and Wells Fargo.
Shares of JPMorgan, Bank of America and Citigroup rose between 0.6 percent and 1.1 percent on Friday.
Deutsche Bank's U.S-listed stock rose 6.8 percent. The stock was hammered on Thursday on news that a number of hedge funds had pulled out collateral as the bank... read more

 
30 September 2016 in World News, Views: 28
Source: Reuters
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