US STOCKS-Dow, S&P touch record highs

lunes 18 de mayo de 2015 13:04 GYT

* Apple rises after Icahn comments

* Endo down after agreeing to buy Par Pharmaceutical

* Ann rises after Ascena Retail takeover offer

* Indexes up: Dow 0.08 pct, S&P 0.2 pct, Nasdaq 0.4 pct (Updates to afternoon)

By Tanya Agrawal

May 18 (Reuters) - U.S. stocks edged higher, with both the Dow Jones industrial average and the S&P 500 hitting records, as weak economic data suggested the Federal Reserve will hold back on raising rates any time soon.

The Dow touched an intraday high of 18,297.28, surpassing its previous record set in early March, while the S&P 500 touched 2127.82, climbing past the high it hit last week.

The National Association of Home Builders/Wells Fargo Housing Market index fell to 54 from 56 in April. Economists polled by Reuters had forecast a rise to 57.

The U.S. economy is struggling to rebound strongly enough for the Federal Reserve to raise interest rates before September, analysts have said.   Continuación...