Before the bell:

U.S. stocks were headed for a modestly higher open Monday, following a six-week losing streak that's been led by fears of an economic slowdown.
U.S. stocks tumbled Friday, with each of the three key indexes falling more than 1%, and the Dow ending below 12,000 for the first time in months. Overall, the Dow has fallen 3.7% since the beginning of June and the Nasdaq erased all of its gains for the year.
No major U.S. economic data is on tap Monday, but two corporate deals announced before the opening bell could drive early gains.
The rest of the week brings a data-heavy schedule with retail sales and consumer prices reports among the bigger drivers.
Companies: VF Corp. (VFC, Fortune 500), the maker of Wrangler and The North Face brands, said early Monday it is buying Timberland Co. (TBL) for $43 per share, creating a $10 billion apparel and footwear company. Shares of Timberland climbed more than 40% in premarket trading.
Shares of Wendy's/Arby's Group (WEN) jumped nearly 7% after the restaurant chain agreed to sell Arby's to a private equity group led by Roark Capital Group. Wendy's will retain an 18.5% ownership interest in the Arby's business.
Meanwhile, Honeywell (HON, Fortune 500) announced plans to acquire EMS Technologies (ELMG) for $491 million in cash.
New York Attorney General Eric Schneiderman has launched a new probe into Bank of America's (BAC, Fortune 500) mortgage securities and related foreclosures, the Huffington Post reported Monday.
Investors appeared to shrug off the news. Shares of Bank of America edged higher in premarket trading as did other banks, including JPMorgan Chase (JPM, Fortune 500), Goldman Sachs (GS, Fortune 500) and Wells Fargo (WFC, Fortune 500).
Shares of Gilead Sciences (GILD, Fortune 500) fell more than 3% after the company disclosed late Friday that the Department of Justice was investigating certain manufacturing and quality practices.
World markets:

Oil for July delivery slipped $1.03, or 1%, to $98.26 a barrel.
Gold futures for August delivery fell $1.20 to $1,528 an ounce. Silver and copper prices both declined more than 1% as well.
The price on the benchmark 10-year U.S. Treasury edged slightly lower, pushing the yield up to 2.99% from 2.97% late Friday.