Ted S. Warren, Associated Press
NEW YORK — Wall Street appears headed for a higher opening following the death of Osama bin Laden and several strong earnings reports and ahead of more data on the U.S. economy.
President Barack Obama said late Sunday that bin Laden, the man who inspired the Sept. 11, 2001 attacks, had been killed in a firefight with American forces in Pakistan. That sent the dollar lower as investors ventured into riskier assets.
In corporate news, Humana, Dish Network and Chrysler all reported strong quarterly earnings. The Institute of Supply Management's index of manufacturing activity is also expected to show that manufacturing activity increased in April.
Ahead of the opening, Dow Jones industrial futures are up 70, or 0.6 percent, at 12,826. Standard & Poor's 500 futures are up 7, or 0.5 percent, at 1,367.
- For the first time in American history,...
- Amish country bristles at ‘Mafia’...
- You'll never believe where your bottled water...
- A New York Times article said Michael Brown...
- Doug Robinson: When did Missouri turn into...
- Napa earthquake hastens calls for warning system
- Ebola has 'upper hand,' says US official
- Ask Mr. Dad: Handling a child’s...
- For the first time in American history,... 25
- Obama faces tough options in Iraq and... 23
- Obama administration announces new... 19
- Doug Robinson: When did Missouri turn... 17
- Rev. Al Sharpton plays prominent role... 15
- Huckabee: 'Stop the fight' over Common... 14
- Obama back at White House after summer... 14
- Mourners gather in St. Louis for Brown... 13