US STOCKS-Wall St eyes higher open on rate-cut hopes, GM


(Updates with GM rising before the bell, updates prices) By Ellis Mnyandu NEW YORK, Sept 24 (Reuters) - U.S. stocks headed for a higher open on Monday as investors speculated that the Federal Reserve would cut interest rates further to forestall the effect of the housing downturn on the economy. Shares of General Motors Corp. rose 4 percent before the opening bell on optimism that the automaker will reach a settlement with the United Auto Workers union to avert a strike. On the ...

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