MARKETS: WALL STREET: What a difference a day makes on Thursday banking stocks struggled to make headway Deutsche and Wells Fargo crashing indexes: Friday a backdoor deal with DOJ and stocks rise on all fronts – Anyone would have thought it was fixed – @AceFinanceNews

#AceFinanceNews – Sept.30: Thursday the Fall then Wall Street boosted by financial stocks Friday then the Rise …

Traders work on the floor of the NYSEThe 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….

Ace Related News:

Deutsche: https://acenewsservices.wordpress.com/2016/09/30/washington-its-not-what-you-know-but-who-you-know-that-allows-doj-and-the-friendship-between-obama-and-merkel-to-agree-a-deal-that-allows-deutsche-bank-to-only-pay-5-4-billion-instead-of-the-amount

Wells Fargo: https://acenewsservices.wordpress.com/2016/09/30/washington-report-wells-fargo-ceo-john-stumpf-falls-on-his-sword-and-testifies-that-he-takes-full-responsibility-for-opening-of-hundreds-of-fake-accounts-all-by-himself-with-no-other-help-of-course

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