US STOCKS-Wall St shrugs off weak data to inch higher

jueves 21 de mayo de 2015 10:22 GYT
 

* Jobless claims, factory data weaker-than expected

* April home resales unexpectedly decline

* Lumber Liquidators plunges after CEO resigns

* CVS up on $10.1 bln Omnicare deal

* Indexes up: Dow 0.02 pct, S&P 0.1 pct, Nasdaq 0.2 pct (Updates to open)

By Tanya Agrawal

May 21 (Reuters) - U.S. stocks moved higher in morning trading on Thursday as investors shrugged of fresh batch of weaker-than-expected data, which came a day after the Federal Reserve all but ruled out an interest rate hike in June.

The central bank's officials believed it would be premature to raise rates next month even though most felt the economy was set to rebound from a dismal start to the year, according to minutes from their April policy meeting.

However, data on Thursday showed that the number of Americans filing new claims for unemployment benefits rose slightly more than expected last week, while growth in the manufacturing sector slowed for a second straight month during May.   Continuación...