US STOCKS-Futures up as data seen spurring rate cuts

Newswire

(Adds KB Home results, Sallie Mae shares rising, updates other prices) By Ellis Mnyandu NEW YORK, Sept 27 (Reuters) - U.S. stock futures rose on Thursday as investors bet that data on new home sales would strengthen the case for further interest rate cuts to ease the toll of the housing slump on the economy. Bear Stearns Cos tops the list of stocks to watch, with its shares up more than 3 percent in Europe following a report in The New York Times that the investment bank is in talks to ...

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