Wall Street heads for higher open
Wall Street headed for a higher open today as investors cheered signs that global credit markets are thawing even as they awaited a batch of quarterly earnings to see how companies are weathering the financial crisis.
Wall Street headed toward a higher open Thursday amid growing optimism that the credit crisis that pummeled global markets might be nearing an end.Investors, one day after the Federal Reserve cut interest rates by a quarter point, are more confident about the financial system's recovery.