President Obama's approval rating has jumped to 50% for the first time in eight months, CNN reported.
The last time Obama's approval was over 50% was after Osama bin Laden was killed last May.
The CNN/ORC International Poll indicates that Obama's chances of being reelected are on the rise.
Polls on the economy and the future of America have seen positive results in the last few months, the Global Post reported.
Obama is gaining ground on Gov. Mitt Romney, Rep. Ron Paul and former House Speaker Newt Gingrich since the January polls
In hypothetical match-ups with registered votes, the president has a 51%-46% margin over Romney, a 52%-45% margin over both Santorum and Paul and a 55%-42% margin over Gingrich.

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