Bank shares push higher in New York Stocks

Chip giant Intel Corp. announced after the close reported a previous session, the fourth-quarter profit rose 48%, higher than analysts expected.
JP Morgan Chase's earnings announcement day, better-than Wall Street expected. Data show that the increase in operating income due to loan losses and reduced profitability in the fourth quarter rose 47%. At the same time, the company also said the company may be last year dividend increased to $ 1 per share, and may raise dividend again in the second quarter. Investors have speculated that a substantial performance increase as banks, major banks are starting dividend may, therefore, provides support for the entire banking sector.
New York stock markets closed, the Dow Jones 30 industrial stock index rose more than 55.48 points the previous trading day to close at 11,787.38 points, or 0.47%. Standard & Poor's 500 index rose 9.48 points to close at 1293.24 points, or 0.74%. The Nasdaq composite index rose 20.01 points to close at 2755.30 points, or 0.73%.