![U.S. Stocks Edge Higher; Best Buy Gains](http://townsquare.media/site/36/files/2011/08/Wall-Street-Sign-Michael-Nagle-Getty.jpg?w=980&q=75)
U.S. Stocks Edge Higher; Best Buy Gains
NEW YORK (AP) — Stocks are closing higher following an encouraging report on Chinese manufacturing and improving earnings from several U.S. retailers.
Best Buy, Dollar Tree and L Brands rose after reporting better results. Homebuilders rose following a modest increase in sales of previously occupied homes.
A survey from HSBC suggested the slowdown in China's economy is flattening. May's reading on China's manufacturing sector was the best in five months.
The Standard & Poor's 500 index rose four points, or 0.2 percent, to close at 1,892 Thursday.
The Dow Jones industrial average increased 10 points, or 0.1 percent, to 16,543. The Nasdaq composite gained 22 points, or 0.6 percent, to 4,154.
Bond prices fell slightly. The yield on the 10-year Treasury note edged up to 2.55 percent.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
More From News Talk 96.5 KPEL
![Donald Trump Has Made His Vice Presidential Pick](http://townsquare.media/site/36/files/2024/07/attachment-GettyImages-2159730000.jpg?w=980&q=75)
![Man Wins $100,000 With Lottery Strategy From Watching ‘Lottery Changed My Life’](http://townsquare.media/site/33/files/2022/04/attachment-giorgio-trovato-BRl69uNXr7g-unsplash.jpg?w=980&q=75)
![Louisiana to be Prominently Featured at Republican National Convention](http://townsquare.media/site/36/files/2024/07/attachment-RNC-LOGO.jpg?w=980&q=75)
![What We Know About the 20-Year-Old Man Who Tried to Assassinate Donald Trump](http://townsquare.media/site/36/files/2024/07/attachment-GettyImages-2161922154.jpg?w=980&q=75)
![Local Officer Encountered Gunman Just Before He Shot Toward Trump at Rally](http://townsquare.media/site/36/files/2024/07/attachment-GettyImages-2161922387.jpg?w=980&q=75)
![Man Killed at Trump Rally Identified as Former Fire Chief, ‘Girl Dad’ who ‘Died a Hero’](http://townsquare.media/site/36/files/2024/07/attachment-Untitled-design-2024-07-14T144115.615.jpg?w=980&q=75)
![UPDATE: Trump Safe, Shooter Neutralized After Shots Fired at Rally](http://townsquare.media/site/36/files/2024/07/attachment-Shooting-Trump-Rally-Pennsylvania.jpg?w=980&q=75)
![Did Authorities Spot the Loch Ness Monster On a Texas Highway?](http://townsquare.media/site/36/files/2024/07/attachment-Screen-Shot-2024-07-09-at-8.07.05-AM.jpg?w=980&q=75)
![‘Birds Aren’t Real’ Movement Claim Birds Are a Government Conspiracy](http://townsquare.media/site/33/files/2021/06/attachment-Birds-Arent-Real-2.jpg?w=980&q=75)