Wednesday, June 20, 2007

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

(Reuters) - NEW YORK, June 20 - 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.


Read more at Reuters.com Market News

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