Stock futures were slightly lower into Monday's open after record highs on Friday triggered the obligatory round of light profit-taking, especially with a dearth of any economic data during today's session. Merger activity, however, should help underpin equities with Tyson Foods ( TSN ) sweetening its deal for Hillshire Brands ( HSH ) to $63 per share, Analog Devices ( ADI ) buying Hittite Microwave ( HITT ) for $78 per share, and Idenix Pharmaceutical ( IDIX ) being acquired by Merck (MRK) for $24.50 per share. Also, Apple's (AAPL) 7 for 1 stock split become effective today, making the stock a more affordable $92.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
