iStock/Thinkstock(NEW YORK) — A new report pushed Deutsche Bank fears aside and helped Wall Street close higher Friday.

The Dow climbed 164.70 (+0.91 percent) to finish at 18,308.15.

The Nasdaq jumped 42.85 (+0.81 percent) to close at 5,312.00, while the S&P 500 finished at 2,168.27, up 17.14 (+0.80 percent) from its open.

Crude oil gained less than 1 percent with prices hitting $48 a barrel

Deutsche Bank: Any uneasiness about Deutsche Bank was pushed aside after French news agency AFP reported that the German bank was close to a $5.4 billion settlement. The reported settlement is less than half of the original $14 billion fine from the U.S. Department of Justice for mis-sold mortgage bonds before the financial crisis. The report helped Deutsche Bank shares soar 14 percent Friday.

Consumer Spending: According to the Department of Commerce, consumer spending in August was unchanged compared to a month earlier because of a “decrease in spending for durable goods.” Personal income rose slightly last month with a 0.2 percent increase.

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