US STOCKS-Wall St rises on bounce in Deutsche Bank's shares

viernes 30 de septiembre de 2016 11:32 GYT

* Banks bolster S&P 500

* Qualcomm up on talks to buy NXP

* Cognizant plunges on internal probe

* Indexes up: Dow 1.01 pct, S&P 0.86 pct, Nasdaq 0.79 pct (Adds details, comments, updates prices)

By Yashaswini Swamynathan

Sept 30 (Reuters) - Wall Street extended gains on Friday as a bounce in Deutsche Bank's shares helped lift financial stocks amid broad gains across sectors.

The S&P 500 financial index rose 1.21 percent, outpacing gains in other major sectors. The index had lost nearly 1.5 percent on Thursday, sparked by declines in Deutsche Bank and Wells Fargo.

Deutsche Bank's U.S-listed stock surged 12.3 percent after French news agency AFP reported that the bank was nearing a settlement with the U.S. Department of Justice regarding mortgage bonds.

The German lender's Frankfurt-listed stock recovered smartly from record lows to trade up 5.6 percent.   Continuación...