Wall St. powered higher by banks, jobs data

Wall Street stocks climbed on Friday, with the S&P 500 nearly topping its record high, boosted by gains in financial shares as President Donald Trump moved ahead with deregulation action and a strong payrolls report. The S&P financial sector jumped 1.9 percent and was on pace for its best day since mid-November after Trump signed an executive order to scale back regulations in the industry that were implemented in the wake of the financial crisis. JP Morgan Chase shares were up 2.8 perce