U.S. stock futures pointed to a sharply higher opening Friday, boosted by optimism that Chairman Ben Bernanke will give a clue about interest rate cuts in his speech. Investors were also optimistic because President Bush is expected to announce strategy to aid borrowers struck by the housing market slump to keep their homes. Mortgage lender Countrywide Financial surged 6.3% in the pre-open. Traders also digested data on personal income and spending.
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