US stocks edge higher after fresh burst of mixed economic data

Wall Street stocks edged higher on Thursday after disappointing US home sales data followed better than expected labour market and manufacturing reports, adding to the sense of global economic uncertainty.

The broad S&P 500 gauge was up 0.2 per cent by the early afternoon in New York. The tech-heavy Nasdaq Composite was up 0.3 per cent. In Europe, the regional Stoxx 600 closed 0.4 per cent higher. Hong Kong’s Hang Seng fell 0.8 per…