Drop in Oil helped the U.S indices

U.S stock market did well on Friday with financials helping to drive the market higher on the back of stronger-than expected results from the likes of Citigroup and JPMorgan. Drop in the Oil market helped the U.S stock market to go high. S&P500 and Nasdaq were high on Friday last week. Financial Services lifted the major U.S indices while the regional banks were on e of the heaviest drags. Most of the major financial institutions have reported that the U.S banking system was holding up in a fragile economy, so there's going to be attention on the flow coming in from the regional banks. And it expected that they would be watching for write-offs on the regional banks.