* Fed officials suggest rates will stay low for some time

* Chinese factory output rate surges to 19-month high

* US bond market, government offices closed for holiday

* Indexes up: Dow 0.3 pct, S&P 0.4, Nasdaq 0.5

* For up-to-the-minute market news, click [STXNEWS/US]

(Updates to late morning, changes byline)

By Edward Krudy

NEW YORK, Nov 11 (Reuters) - The Dow industrials and the S&P 500 index made new yearly highs on Wednesday after data showed China industrial output surged and Federal Reserve officials hinted money would remain cheap well into 2010.