Stock index futures point to gains after bin Laden killed
Stock index futures pointed to a higher open for Wall Street on Monday following confirmation that Al Qaeda leader Osama bin Laden was killed by a U.S. .-led operation in Pakistan.
U.S. Treasury yields and the dollar rose, while safe-haven gold slipped from record highs, reflecting a perception of easing geopolitical risks after U.S. President Barack Obama said late on Sunday that bin Laden had been killed in a shootout in a compound in Abbotabad north of Islamabad.
Economic data scheduled for release is seen providing further direction for equities, with the Institute of Management Supply (ISM)'s manufacturing PMI numbers for April, due out at 1400 GMT, expected to drop to 59.9 from 61.2 a month earlier.
Stocks on Wall Street rose on Friday, with the Dow <.DJI> and the Nasdaq <.IXIC> recording their best monthly performance since December on the back of upbeat corporate results.
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Warren Buffett still believes his reputation is intact after his former top lieutenant David Sokol pitched for a takeover of Lubrizol Corp
Danish food ingredients and enzymes maker Danisco's
French retail and luxury giant PPR
said it would buy California-based Volcom Inc
U.S. agribusiness and trading conglomerate Cargill
In Europe, the pan-European FTSEurofirst 300 <.FTEU3> index rose in early trade, though volumes were expected to be thin throughout the session as Britain's markets were closed for a holiday.
(Reporting by Harpreet Bhal; Editing by Lincoln Feast)
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