US STOCKS-Wall Street jumps as Deutsche Bank bounces back

viernes 30 de septiembre de 2016 15:00 GYT

* Deutsche Bank nears $5.4 bln settlement with DOJ - AFP

* S&P financials set for best day in two months

* Banks bolster S&P, Goldman drives Dow

* Indexes up: Dow 1.1 pct, S&P 1.01 pct, Nasdaq 0.99 pct (Updates to late afternoon)

By Lewis Krauskopf

Sept 30 (Reuters) - Wall Street rallied on Friday, lifted by a surge in Deutsche Bank shares and financial stocks after concerns eased about the health of the German bank.

The S&P financial sector gained 1.8 percent, putting it on track for its best day in about two months.

Deutsche Bank's U.S.-listed shares jumped 15.2 percent, a day after sinking to a record low.

French news agency AFP reported that Deutsche Bank was nearing a $5.4 billion settlement with U.S. officials over charges related to selling toxic mortgage bonds. Germany's largest bank has been engulfed by crisis after earlier this month being handed a demand for up to $14 billion by the Department of Justice.   Continuación...