12-02-2016 16:02 via news.yahoo.com

Energy, banks lead Wall St rebound after grueling week

Wall Street staged a modest comeback on Friday, led by a rebound in financial and energy stocks, after a punishing, widespread rout this week on concerns about the health of the global economy, and ahead of the long weekend. Banks stocks, which were the worst hit due to concerns about the impact of negative interest rates and a energy-backed loan defaults, were the top gainers, led by JPMorgan's 5.1 percent gain. It's the fear factor of oil continuing to move lower and its impact on oil debt aro
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