EMERGING MARKETS-Latam stocks up after slump on U.S. budget fears

MEXICO CITY, Oct 4 (Reuters) - Latin American stocks bounced higher on Friday after slumping during the week as a U.S. budget stalemate and government shutdown weighed down investor demand for riskier assets. The region's stocks could be facing more losses next week if worries deepen that feuding U.S. lawmakers might fail to raise the country's borrowing limit this month, which could trigger an unprecedented U.S. debt default. * Brazil's benchmark Bovespa stock index rose 0.68 percent as