China trade data boosts dollar, banks lead stocks higher

By Rodrigo Campos NEW YORK (Reuters) - The U.S. dollar rallied and major stock markets rose on Wednesday after JPMorgan's results beat lowered expectations and upbeat Chinese trade data offered hope Asia's biggest economy is stabilizing. Wall Street gained after JPMorgan Chase's first quarter earnings fell nearly 7 percent but beat expectations. "It's a positive that (JPMorgan) earnings were well received," said Michael O'Rourke, chief market strategist at JonesTrading in Greenwich, Connecticut.