US STOCKS-Financial stocks lift Wall Street after strong results

viernes 14 de octubre de 2016 09:50 GYT

* JPMorgan, Citi beat revenue estimates

* Financials top gainers among S&P sectors

* Dollar rises 0.35 pct, gold falls

* Indexes up: Dow 0.75 pct, S&P 0.57 pct, Nasdaq 0.63 pct (Updates to open)

By Yashaswini Swamynathan

Oct 14 (Reuters) - Wall Street was higher on Friday as better-than-expected results from JPMorgan and Citigroup lifted financial stocks.

Shares of JPMorgan, the biggest U.S. bank by assets, rose 1 percent after the lender beat estimates for revenue and profit. Citi rose 2.3 percent after its profit fell less than expected.

The S&P 500 financial index soared 1.4 percent, far outdoing the other seven major sectors that were higher.

Bank of America was the top influence on the S&P, while Goldman Sachs had a similar impact on the Dow.   Continuación...