US STOCKS-Techs, GM spur advance, but financials drift

Newswire

(Updates to late morning) By Ellis Mnyandu NEW YORK, Sept 24 (Reuters) - U.S. stocks rose on Monday as investors snapped up shares of technology companies, including Microsoft Corp. , on hopes the recent cut in interest rates would keep the economy growing and spur capital spending. Shares of Microsoft, the software maker, led advances on the S&P 500 and Nasdaq indexes, along with Apple Inc. , the maker of the iPhone, and Google Inc. , the Web search company. "The bullish thesis ...

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