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US STOCKS SNAPSHOT-Indexes hit new highs on strong U.S., China economic data

NEW YORK, Jan 17 (Reuters) - Wall Street's major indexes climbed to record highs on Friday after strong U.S. housing data and signs of resilience in the Chinese economy raised hopes of a rebound in global growth.

The Dow Jones Industrial Average rose 49.44 points, or 0.17%, to 29,347.08, the S&P 500 gained 12.6 points, or 0.38%, to 3,329.41 and the Nasdaq Composite added 31.81 points, or 0.34%, to 9,388.94. (Reporting by Noel Randewich Editing by Chris Reese)