US STOCKS-Higher open eyed on Home Depot, Morgan Stanley

Newswire

(Adds new quote, updates prices) By Ellis Mnyandu NEW YORK, June 20 (Reuters) - U.S. stocks headed for a higher opening on Wednesday, helped by news of a $22.5 billion share repurchase plan from Home Depot Inc. and investment bank Morgan Stanley's stronger-than-expected profit. Shares of Home Depot, a component of the Dow Jones industrial average , were up 5.7 percent in electronic trade, while Morgan Stanley's stock rose 2 percent. The home improvement chain announced its share ...

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