The S&P 500 futures currently trade 33 points above fair value.
After a decent rebound on Friday, the S&P 500 closed 0.8% beneath its all-time high from last Tuesday, the DJIA closed 1.0% beneath its all-time high from last Tuesday, and the Nasdaq Composite closed 1.4% beneath its record high from last Monday.
Electronic Arts (EA 204.91, +11.56, +6.0%) is set to be taken private after striking a $55 billion all-cash buyout deal with the Public Investment Fund, Silver Lake, and Affinity Partners. Under the agreement, EA investors will be bought out at $210 per share, according to CNBC.