Closing Bell: Finra Fines Deutsche Bank $6M; U.S. Stocks Rally

The S&P 500 bounced back into positive territory for the year in day two of a post-Brexit recovery on Wednesday.
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The S&P 500 bounced back into positive territory for the year in day two of a post-Brexit recovery on Wednesday. Benchmark indexes closed with gains of more than one percent, while oil closed just cents from the $50-a-barrel mark. Netflix (NFLX) - Get Report increased after a bullish analyst note from Pacific Crest Securities. The firm said worries over Netflix's subscription growth were overdone. Pacific expects international growth to re-accelerate in the third quarter. Southwest Airlines (LUV) - Get Report unveiled a three-year $250-million plan to overhaul its technology. The updates could increase the airline's annual profit by $500 million by 2020. Finra fined Deutsche Bank (DB) - Get Report $6 million for failing to provide accurate trade data in a timely manner. TheStreet's Keris Lahiff reports from Wall Street.