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Wall Street set for steady start, Yahoo in focus

Money – Stock index futures indicated a positive open on Wall Street on Monday in a thin day for earnings, while technology shares might grab attention as Yahoo (YHOO.O: Quote, Profile, Research) was set to rebuff a takeover bid from Microsoft.

Tags: stock market, yahoo, technology, microsoft, wall street

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"They're going to reject the deal," said Jonathan Monk, a portfolio manager at Aerion Fund Management.

"I can't see who else would be interested in doing a deal with them apart from Microsoft especially at this level. But presumably they will try to push the price higher."

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