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Economic optimism may trump GM bankruptcy (Reuters)

A man checks his mobile phone while walking by an electronic stock board of a securities firm in Tokyo, Japan, Tuesday, June 2, 2009. Most Asian stock markets have gained modestly after more encouraging signs that the global recession is starting to let up. Japan's Nikkei rose 26.56 points, or 0.3 percent, to close at 9,704.31. (AP Photo/Itsuo Inouye)Reuters - Wall Street faces a historic shake-up next week as General Motors, a pillar of American industry, heads into bankruptcy, but the market could advance further if economic data signals the worst of the recession has passed.


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