Stock index futures pointed to a higher open for Wall Street on Monday following confirmation that Al Qaeda leader Osama bin Laden was killed by a U.S. .-led operation in Pakistan.

By 0749 GMT, futures for the S&P 500, Dow Jones futures and Nasdaq futures were up 0.7 to 0.8 percent.

U.S. Treasury yields and the dollar rose, while safe-haven gold slipped from record highs, reflecting a perception of easing geopolitical risks after U.S. President Barack Obama said late on Sunday that bin Laden had been killed in a shootout in a compound in Abbotabad north of Islamabad.

Economic data scheduled for release is seen providing further direction for equities, with the Institute of Management Supply (ISM)'s manufacturing PMI numbers for April, due out at 1400 GMT, expected to drop to 59.9 from 61.2 a month earlier.

Stocks on Wall Street rose on Friday, with the Dow .DJI and the Nasdaq .IXIC recording their best monthly performance since December on the back of upbeat corporate results.

In company news, final buyout bids for Warner Music Group (WMG.N) are due on Monday and the company could be sold by the end of the week in a deal valued at over $3 billion, according to a person familiar with the matter.