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Stocks edge up after housing data


    NEW YORK (Reuters) - Stocks edged higher and the S&P 500 turned positive on Thursday after data showed contracts to buy previously owned homes increased solidly to a near two-year high in March.

    The Dow Jones industrial average gained 44.84 points, or 0.34 percent, to 13,135.56. The Standard & Poor's 500 Index rose 1.44 points, or 0.10 percent, to 1,392.13. The Nasdaq Composite Index added 7.86 points, or 0.26 percent, to 3,037.49.

    (Reporting By Chuck Mikolajczak; editing by Jeffrey Benkoe)