Monday 2 May 2011

Stocks Set for Higher Open after Death of Osama bin Laden

CNN MONEY: NEW YORK (CNNMoney) -- U.S. stocks are poised for a higher open, as investors cheer news that Osama bin Laden was killed by U.S. forces Monday.

The founder and leader of al Qaeda, Osama bin Laden, was killed by U.S. forces in Abbottabad, north of Pakistani capital of Islamabad.



In an address to the nation Sunday night, President Barack Obama called bin Laden's death, "the most significant achievement to date in our nation's effort to defeat al Qaeda." » | CNNMoney staff | Monday, May 02, 2011