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NEW YORK, May 30 (Reuters) – U.S. stocks rebounded on

Thursday on tepid economic data that eased concerns the U.S.

Federal Reserve would begin to gradually decrease its policies

to stimulate growth.

Based on the latest available data, the Dow Jones industrial

average was up 23.26 points, or 0.15 percent, at

15,326.06. The Standard & Poor’s 500 Index was up 6.16

points, or 0.37 percent, at 1,654.52. The Nasdaq Composite Index

was up 23.78 points, or 0.69 percent, at 3,491.30.