Wall Street higher as BofA earnings bolster optimism

Wall Street gained on Monday, with the Dow and the S&P 500 near record highs, as Bank of America's better-than-expected profit boosted optimism about U.S. corporate reports. Bank of America's report continued the momentum for U.S. banks kicked off by JPMorgan last week. The bank's shares rose 1.6 percent to $13.87, helping the S&P financial index gain 0.3 percent.