US STOCKS-Wall St higher as rate hike worries fade; S&P near record
* Jobless claims, factory data weaker-than expected
* April home resales unexpectedly decline
* Shake Shack hits record on trademark filing
* Salesforce up after first profit in seven quarters
* Indexes up: Dow 0.07 pct, S&P 0.3 pct, Nasdaq 0.3 pct (Add details, changes comment, updates prices)
By Tanya Agrawal
May 21 (Reuters) - Wall Street was higher in late morning trading on Thursday, with the S&P 500 a whisker away from a record high, as a fresh batch of disappointing economic data bolstered expectations that the Federal Reserve would not raise interest rates any time soon.
With the Dow and the S&P trading near record levels this week, trading volumes have been subdued as the quarterly earnings season draws to a close and a long holiday weekend nears.
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. Continuación...