Wall Street powered higher by banks, jobs data

By Chuck Mikolajczak NEW YORK (Reuters) - 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