Banks, China data drive Wall Street gains

Wall Street was higher on Wednesday as bank earnings kicked off on an upbeat note, with JPMorgan topping profit estimates, and China's strong trade data raised hopes that the world's second largest economy was on the road to recovery. Shares of JPMorgan, which kicked off Wall Street bank earnings, were up 3.1 percent at $61.13. Other bank stocks were also trading up, with Bank of America rising 2.8 percent and Citigroup gaining 3 percent.