Nikkei tops 10,000 on news bin Laden dead, but top weighed

                                
 TOKYO, May 2 (Reuters) - Japan's Nikkei average jumped above
10,000 for the first time since mid-March on Monday on optimism
that Wall Street shares would rally further later in the day
after U.S. officials said Al Qaeda leader Osama bin Laden had
been killed.	
                                
 The Nikkei hit a post-March 11 earthquake high of 10,017.47
shortly after the start of the afternoon trade at 0330 GMT, but
the market turned nervous about piling on large positions with
Japan's "Golden Week" holiday continuing on Tuesday, traders
said.	
                                
 "Japanese shares rose after seeing solid gains in U.S. stock
futures on views that one geopolitical risk has been removed
after the death of bin Laden. Japanese shares could advance
further should U.S. shares extend their gains tonight," said
Hideyuki Ishiguro, a supervisor at Okasan Securities.	
                                
 "But the market will be nervous about taking more positions
in the middle of the holiday season. Also there are still many
uncertainties in Japan after the earthquake, so investors will
be cautious about taking large positions above 10,000."	
                                
 In mid-afternoon trade the benchmark Nikkei average 
was up 1.5 percent at 9,995.66, while the broader Topix 
had risen 1.5 percent to 864.64.	
                                
 The Nikkei reached the 10,000-level for the first time since
March 14, just after the massive earthquake and tsunami that
devastated the country's northeast coast and sent stocks
tumbling.	
                                
 The Nikkei drifted down from the high as the market lacked
energy as Japan is in the middle of its Golden Week holidays,
with markets closed last Friday and only open on Monday and
Friday this week.	
                                
 President Barack Obama announced on Monday that bin Laden
was killed on Sunday in a firefight with U.S. forces in Pakistan
and that his body was recovered. [ID:nN01168438]	
                                
 S&P stock futures <SPc1> rose about 0.8 percent and the
yield on 10-year U.S. bonds rose to around 3.31 percent
 from below 3.28 percent before the news.  	
	
 (Reporting by Ayai Tomisawa and Chikafumi Hodo; Editing by
Joseph Radford)