US STOCKS-Futures higher on GM deal, rate cut hopes

Newswire

(Adds Red Hat in paragraph 11, adds Goldman cutting Sprint, background on financials and technology stocks, updates prices) By Ellis Mnyandu NEW YORK, Sept 26 (Reuters) - U.S. stock futures rose on Wednesday as news of a tentative deal ending a strike at General Motors Corp raised hopes that Detroit's automakers would soon slash their health-care costs. Shares of GM, a Dow component, rose 8.4 percent to $37.30 before the opening bell, while shares of Ford Motor Co gained 4.4 percent to ...

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