The broad-based S&P 500 index and the Dow Jones industrial average both rose 0.2 percent, while the tech-heavy Nasdaq composite index rose 0.3 percent.
President Donald Trump announced a 10 percent interest rate cap on credit card debt on Friday, sending stocks like Synchrony Financial and American Express down 8.4 percent and 4.3 percent, respectively. Several major banks also took a hit, including Citigroup, which fell 3.0 percent.
Shares in Swedish company Klarna, which focuses on installment payments, were expected to rise after Trump's announcement. The payments company rose at the opening of trading but then fell back, closing down 2.8 percent.
