Futures on major U.S. stock indices point to a flat opening on Monday after posting fourth consecutive weekly gain on Friday.
Futures on the S&P 500 are down 0.06 percent, futures on the Dow Jones Industrial Average are up 0.03 percent and Nasdaq100 futures are up 0.01 percent.
On Friday, US stocks broadly rallied on back of better-than-expected economic reports came, after three consecutive days of losses, pushing the market to score its fourth straight weekly advance.
On the M&A front, world's largest retailer Wal-Mart Stores Inc. (WMT) said it offered to buy South Africa's Massmart Holdings Limited for over $4 billion in cash, as part of its plans to expand in Africa.
Unilever, the Anglo-Dutch consumer products giant, announced an agreement to acquire US-based beauty-care products maker Alberto Culver Co for $3.7 billion, or $37.50 per share in cash.
On the earnings front, Jabil Circuit and Paychex are due to report their quarterly earnings after the closing bell.
The euro declined 0.41 percent to 1.3437 against the dollar and the yen declined 0.05 percent against the greenback.
Crude oil futures declined 0.12 percent to $76.40/barrel and gold futures rose 0.03 percent.
European stock markets pared earlier gains and are currently trading in tight range with FTSE 100 down by 3.61 points, DAX30 up by 7.23 points and CAC 40 up by 3.67 points.
