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Osama Bin Laden death affects markets

Osama Bin Laden death affects markets

The news of the death of Osama Bin Laden gave stock markets around the world a brief boost - although the positive reaction was short-lived.

May 3, 2011 4:18 by

The Dow Jones in New York finished Monday flat. It was a similar story for the US dollar, which rose on the news, but then fell back and hit a 17-month low against the euro on Monday.

Goldman Sachs Asset Management chairman Jim O’Neill says Bin Laden’s death will not affect investment in the US in the long term.

Source : BBC

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