Wall Street rallies;, S&P 500 snaps five-day losing streak

U.S. stocks rallied on Friday, snapping a five-day losing streak in the S&P 500, as financial, commodity-related and other beaten-down shares rebounded. U.S. oil prices settled 12.3 percent higher, boosting energy shares 2.6 percent. "Europe was strong and especially the banks in Europe, and that appeared to have some positive carryover effect on sentiment towards banking and other financial stocks here in the U.S.," said John Carey, portfolio manager at Pioneer Investment Management in Bost