12-02-2016 16:02 via rocketnews.com

Energy, banks lead Wall St rebound after grueling week

By Aastha AgnihotriREUTERS – 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. Nine of the 10 major S&P sectors were higher, led by a 2.28 percent rise in the financial sector. The sector had slumped 17.7 percent this year, excluding Friday’s gains. Banks stocks, which were the worst hit due to concerns abou
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