US STOCKS-Wall St boosted by financial, tech stocks

viernes 30 de septiembre de 2016 10:01 GYT
 

* Apple powers S&P 500, Nasdaq

* Qualcomm up on talks to buy NXP

* Indexes up: Dow 0.60 pct, S&P 0.48 pct, Nasdaq 0.35 pct (Updates to open)

By Yashaswini Swamynathan

Sept 30 (Reuters) - 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 faces a $14 billion demand from U.S. authorities for misselling mortgage-backed securities.   Continuación...