US STOCKS-Financial shares lead Wall St up after JPMorgan earnings

miércoles 13 de abril de 2016 14:55 GYT

* JPMorgan shares boost S&P 500 as profit tops views

* Nasdaq touches highest point of 2016

* China's jump in exports soothes growth fears

* Indexes up: Dow 0.98 pct, S&P 0.83 pct, Nasdaq 1.28 pct (Updates to late afternoon)

By Lewis Krauskopf

April 13 (Reuters) - Wall Street rallied for a second straight day on Wednesday as investors bought up financial shares after JPMorgan's quarterly results.

The S&P 500 and Nasdaq touched their highest point of the year, while the Dow Industrials reached a nearly five-month high.

JPMorgan, the No. 1 U.S. bank by assets, reported a quarterly profit that topped low market expectations. Its shares climbed more than 4 percent and gave the biggest boost to the S&P 500.

Financials, the worst performing sector this year, were the leading group on Wednesday, climbing 2.2 percent. Other big bank earnings are due this week, including reports from Bank of America and Wells Fargo on Thursday.   Continuación...