Monday's midday trade: Wall Street up

Posted by 7Star Tuesday, April 28, 2009

US stocks edged up on Monday as a cost-cutting plan from General Motors Corp and a rebound in technology stocks offset fears that a possible global flu outbreak could delay an economic recovery. GM shares surged 25 percent after the troubled automaker announced a sweeping restructuring that investors hoped would keep the company alive as it tries to secure government funding.

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