Wall Street ends up on earnings optimism

NEW YORK (Reuters) - The S&P 500 touched its highest level since early May on Wednesday as corporate profits from bellwethers like Intel and Honeywell defied fears of a collapse in earnings.

Based on the latest available data, the Dow Jones industrial average <.DJI> was up 102.10 points, or 0.80 percent, at 12,907.64. The Standard & Poor's 500 Index <.SPX> was up 9.07 points, or 0.67 percent, at 1,372.74. The Nasdaq Composite Index <.IXIC> was up 32.56 points, or 1.12 percent, at 2,942.60.

(Reporting by Caroline Valetkevitch; Editing by Kenneth Barry)