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NEW YORK, May 15- U.S. stocks rose on Wednesday, with the Dow and S&P 500 hitting new all-time highs in a broad market rally as the recent upward momentum persisted. The Dow Jones industrial average rose 60.44 points, or 0.40 percent, to end unofficially at 15,275.69. The Nasdaq Composite Index added 9.01 points, or 0.26 percent, to close unofficially at 3,471.62.
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*Upward momentum persists, Internet shares among day's gainers. *Apple leads Nasdaq lower; hedge fund cuts stake in the company. NEW YORK, May 15- U.S. stocks edged up on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted, but a steep decline in Apple kept gains in check.
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NEW YORK, May 15- U.S. stocks pared their gains on Wednesday, with the Nasdaq turning negative as Apple Inc extended its decline and fell 4 percent. The Dow Jones industrial average was up 14.67 points, or 0.10 percent, at 15,229.92. The Nasdaq Composite Index was down 5.29 points, or 0.15 percent, at 3,457.32.
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NEW YORK-- A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. Advanced Micro Devices Inc. rose 2.8 percent to $4.38 with 23,716,300 shares traded. Bank of America Corp. rose 1.3 percent to $13.51 with 77,790,900 shares traded.
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*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data.
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*FTSEurofirst 300 closes up 0.7 pct at 1,245.66 points. LONDON, May 15- European shares scaled new five-year highs on Wednesday, led by gains for several major Swiss stocks after a fresh fall on the Swiss franc that should continue to buoy the country's exporters.
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*Disappointing U.S., euro zone data fuel hope of stimulus. NEW YORK, May 15- U.S. stocks climbed to record highs Wednesday as weak data reinforced an expectation that stimulative central bank policies would continue, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar.
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*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- The S&P 500 and the Nasdaq rose for a fourth straight day on Wednesday as tech shares gained and offset some weak economic data.
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LONDON, May 15- European shares scaled fresh five-year highs on Wednesday, led by gains for several major Swiss stocks after a currency shift that should continue to buoy the country's exporters. The pan-European FTSEurofirst 300 index provisionally closed up 0.7 percent at 1,245.41 points, its highest level since mid-2008.
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*Disappointing U.S., euro zone data fuel hopes of stimulus. NEW YORK, May 15- A batch of disappointing economic reports knocked U.S. stock prices from their record highs on Wednesday, while evidence that Europe was stuck in recession pushed the euro to a six-week low against the dollar.
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*Empire State contracts to lowest level in four months. NEW YORK, May 15- U.S. stocks slipped on Wednesday, as both the Dow and S&P 500 held near their most recent record highs after a flurry of economic data did little to upset investor expectations for central bank policies.
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NEW YORK, May 15- U.S. stocks opened modestly lower on Wednesday after the latest data on manufacturing came in weaker than expected. The Dow Jones industrial average was down 39.63 points, or 0.26 percent, at 15,175.62. The Nasdaq Composite Index was down 5.04 points, or 0.15 percent, at 3,457.57.
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*Sony surges as U.S. fund calls on company to spin off unit. TOKYO, May 15- Japan's Nikkei average rose 2.3 percent on Wednesday, breaking above 15,000 for the first time since January 2008, with Sony Corp surging after an activist U.S. fund called on the company to spin off and list its lucrative entertainment unit.
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HONG KONG, May 15- China shares rebounded on Wednesday from a 1-1/ 2 week closing low, helped by strength in telecom equipment suppliers as Shanghai bourse volumes neared the year's lows. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed up 0.5 percent at 2,506.9 points.
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*MSCI Asia-Pacific ex- Japan slips 0.2 pct. SINGAPORE, May 15- Asian share markets were mixed on Wednesday, with Australian equities dented by weakness in mining firms while Tokyo stocks surged to a 5-1/ 2- year high as Japanese exporters rallied after the yen's recent slide.
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*Sony surges as U.S. fund calls on to spin off unit Exporters lead the gains on further weakening of yen. TOKYO, May 15- Japan's Nikkei share index rose 2.2 percent to break above 15,000 on Wednesday, with Sony Corp surging after a proposal from a U.S. activist fund to list its entertainment unit sent its U.S.-listed shares soaring 10 percent.
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HONG KONG, May 15- Hong Kong shares are poised to start higher on Wednesday, with index gains buoyed by a 6 percent jump for supply chain manager Li& Fung after its chairman was reported to have said earnings this year will rebound to 2011 levels. The Hang Seng Index was set to open up 0.6 percent at 23,074.3.
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SINGAPORE, May 15- Asian shares were steady on Wednesday, with Tokyo stocks surging to a fresh 5-1/ 2 year high as Japanese exporters rallied on the yen's sharp slide.
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Shelly Painter, Regional Managing Director of Vanguard Asia says Vanguard's first ETF in Asia, the Asia ex-Japan index ETF, offers a cost of entry that is about half the industry average.
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TOKYO, May 15- Japan's Nikkei share index broke above 15,000 and hit fresh 5-1/ 2 year highs on Wednesday, bolstered by a strong performance from Wall Street and further weakness in the yen. Sony Corp was untraded with a glut of buy orders after a proposal from an activist fund to list its entertainment unit sent its U.S.-listed shares soaring 10 percent.