US stocks open higher after bin Laden killed (AFP)

NEW YORK (AFP) - US stock markets opened strongly more Monday after secret Navy SEALs killed Al-Qaeda chief Osama bin Laden in a mission in Pakistan.

14 Hours GMT the Dow Jones Industrial Average had added 44.61 points (0.35%), at 12,855.15.

The Nasdaq Composite increased 6.67 points, or 0.23%, to 2,880.21, while the index S & P 500 broad sitting was 4.84 points (0.35%) to 1,368.45.

Shares were broadly higher with the exception of basic subjects and energy, such as oil and raw materials prices dropped in trade at the beginning.

Upward push came after an announcement of end of evening Sunday by the White House that US forces had stormed a villa in a town in Northern Pakistan to kill Muslim extremists behind September 11, 2001 and other attacks on us and other countries since the 1990s.

S & P Howard Silverblatt Indices analyst, said that markets would probably short.

"Overall, the impact on the U.S., oil markets and the dollar should be positive in the short term, with the world and the U.S. reaction to any event forward or lack of events, more sustainable," he said in a report.

"Also wrong that rejoice at the death of any person, the end of this chapter will provide a sense of relief for the markets, potentially reducing the costs of risk inherent in the oil and give the market - and we all - some closure," he said.

In the news of mergers and acquisitions, Teva Pharmaceutical Industries of Israel, largest maker of generic drugs more than announced the repurchase of company biopharma Cephalon, in an agreement of $ 6.8 billion weeks after Cephalon rejected a hostile bid of Valeant Canadian firm $ 5.7 billion.

Teva offered $81.50 in cash for all of the shares of exceptional Cephalon, which represents a premium of 39% on the value of the shares of Cephalon at the end of March, before Valeant launched its public offer to purchase.

Teva shares increased by 2.4% to $46.85, while Cephalon grew 5.1% to $80.96.

The bond market has remained unchanged since late Friday, with the yield on the Treasury of 10 years to 15: 30 per cent and the performance of the obligations of 30 years to 4.41%.

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