The Dow Jones Industrial Average rose 259.89 points, or 2.2%, Friday, tacking onto a 1% increase from Thursday.

The gains nearly made up for losses Wednesday, when the Dow dipped 389.24 points, or 3.2%.

Both Nasdaq and the S&P 500 finished up about 2% as well Friday, climbing 53.60 points and 24.16, respectively.

Bank and mortgage servicer stocks largely saw gains Friday, including JPMorgan Chase ($38.07 -0.39%), Wells Fargo ($30.59 -0.37%), Ocwen Finacial Corp. ($15.75 0%) and Goldman Sachs ($114.36 0%).

Mortgage insurers, by way of comparison, finished the day with mixed results.

Radian Group Inc. ($3.86 -0.0425%) declined sharply on the day, while PMI Group Inc. ($0.00 0%) finished flat with Thursday's close.

Mortgages insurers Genworth Financial ($9.20 -0.34%) and MGIC Investment Corp. ($4.69 -0.33%) saw gains, with Old Republic International Corp. ($10.50 -0.18%) had minimal losses.

The Dow is now up 4.98% for the year, with the Nasdaq up 0.98% and S&P up 0.49%.

Write to Andrew Scoggin.

Follow him on Twitter @ascoggin.