CORRECTED - US STOCKS-Indexes rise on Home Depot buyback, GE advance

Newswire

(Updates to early morning) By Ellis Mnyandu NEW YORK, June 20 (Reuters) - U.S. stocks rose on Wednesday as Home Depot Inc.'s plan for a $22.5 billion share buyback underscored optimism about equity valuations, along with the growing allure of large-cap stocks, including General Electric Co. . Home Depot shares led advances on both the Dow and the S&P 500, with a gain of more than 6 percent, while shares of diversified manufacturer GE climbed 0.7 percent. Morgan Stanley's ...

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