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.
- 10 Things to See: A week of top AP photos
- Why Utahns are some of the biggest spenders,...
- 35 arrested in Oakland after protest march
- Rubber chickens, afros and clowns: A look at...
- Evangelicals with gay children challenging...
- These two things are helping California's...
- In Britain, US turkey dinner is big for business
- Immigration reform will boost the economy,...
- As Ferguson verdict is read, protesters... 70
- Grand jury won't indict Ferguson cop in... 30
- Obama: Americans want 'new car smell'... 29
- Ferguson businesses torched in... 17
- Under pressure, Hagel steps down as... 15
- Obama immigration plan good, not great... 13
- Obama heads to Chicago to pitch... 13
- Why Utahns are some of the biggest... 12