U.S. stocks gain after GM unveils restructuring

Newswire

(Updates to midmorning) By Caroline Valetkevitch NEW YORK, Nov 21 (Reuters) - U.S. stocks were higher Monday after news of General Motors Corp.'s plan to cut jobs and close factories lifted investors' optimism about the future of the world's largest automaker. Also helping the Dow average, shares of Boeing rose 1.7 percent to $68.08 on the New York Stock Exchange after the plane maker announced $4.6 billion worth of sales of midsized aircraft. GM shares rose 0.9 percent to $24.47 on ...

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