No Big M&A News To Start The Week

The market is down slightly in early trading. Traders were likely looking for some big M&A news to hit the wires this morning, but there was nothing to speak of. Just the continued rumor of BHP for Alcoa (AA).

Bond yields are up a bit, and oil has reversed higher as well, both of which are providing small headwinds for the market right now.

But the Asian markets were on fire overnight. Shanghai rose +2.92%, Hong Kong +2.69%, and S. Korea +1.95%. Those are some pretty hefty gains.

And despite the improvements in the markets last week, investor sentiment remains on the skeptical side of the ledger. Can you say 'wall of worry' again?