Week Ahead Market Report: July 29, 2013

Stocks are expected to open lower on Monday morning despite a flurry of M&A activity over the weekend. Investors are sifting through the deal details for Perrigo's (PRGO)'s buyout of Elan (ELN), Hudson Bay's buyout of Saks (SKS) and the merger of Omnicom (OMC) and Publicis.