The markets are higher following the three-day Memorial Day holiday weekend.
The S&P 500 hit an all-time intraday high of 1,908.77.
The biggest stock news of the day is chicken producer Pilgrim’s Pride offering to buy Hillshire Brands in a deal worth $US6.4 billion.
Over the weekend, Pfizer also walked away from its bid to buy AstraZeneca.
More to come as we expect consumer confidence and U.S. manufacturing data.
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