US STOCKS-Wall St. opens higher on GM deal, rate hopes

Newswire

(Updates to market open) NEW YORK, Sept 26 (Reuters) - U.S. stocks opened higher on Wednesday after General Motors Corp reached a deal ending a strike and a report on durable goods orders added to expectations the Federal Reserve would cut interest rates again to spur growth. The Dow Jones industrial average was up 48.61 points, or 0.35 percent, at 13,827.26. The Standard & Poor's 500 Index was up 3.66 points, or 0.24 percent, at 1,520.87. The Nasdaq Composite Index was up 12.74 ...

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