Stocks Shrug Off Bank Fears, AMEX Jumps: What's Moving Markets Friday?

Wall Street shrugged off credit concerns that battered bank stocks on Wednesday, with large-cap indices posting slight gains by midday trading in New York, setting up for a positive weekly close. • AXP is among today’s top performers. Watch the momentum here.The S&P 500 rose 0.2% to 6,650 points, nearly erasing Thursday's losses, while both the Nasdaq 100 and the Dow Jones edged 0.3% higher.After suffering their worst day since April on Wednesday, financials and bank stocks rebounded. The SPDR Regional Bank ...