
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.
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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."