(Refiles to additional subscribers)

* U.S. Mid-Atlantic factory activity contracts

* Geithner signals U.S. to continue global stimulus push

* China Q2 growth quickens to 7.9 percent

* JPMorgan profits stronger than forecast (For more on the global crisis, click [nCRISIS])

By Matthew Robinson

NEW YORK, July 16 (Reuters) - Strong company earnings and economic growth in China lifted hopes for a global recovery as Treasury Secretary Timothy Geithner expressed confidence global financial markets were on the mend.

JPMorgan Chase & Co (JPM.N: Quote, Profile, Research) topped Wall Street forecasts to report a 36 percent rise in quarterly profits and expectations for strong results from International Business Corp (IBM.N: Quote, Profile, Research) helped lift U.S. markets higher after grim U.S. economic data weighed in earlier trading.

Global markets rose after data showed China's pace of economic expansion sped up to hit 7.9 percent in the second quarter, fueled by state spending and bank lending, reinforcing hopes it will lead the world economy out of its deepest recession in 80 years. For details, see [ID:nSP537798]