Guess what was attracting investor attention in preopen trading this morning. Do you even need two guesses?

It was the deal that was on everyone's lips after the close Friday and was finally confirmed Sunday. Yep, the $45 billion

blue-chip nuptials between

General Electric

(GE) - Get Report

and

Honeywell

(HON) - Get Report

.

The news had GE trading at $50.63, down from its Friday closing price of $52.25, on

Instinet

. Honeywell lately was trading at $49.25, jumping $3.25 from its Friday close of $46.

Corning

(GLW) - Get Report

reported better-than-expected earnings this morning, which had it bouncing $1.44 to $107.38, from its end-of-the-week closing price of $105.94.

Futures lately were pointing to a flat to negative opening. The

S&P 500 futures on

Globex

lately were down 2 to 1409, about matching fair value as calculated by

TST Recommends

Prudential Securities

.

Nasdaq 100

futures were off 14.5 to 3485, about 5.5 points below fair value as calculated by

TheStreet.com

.

Europe's major indices were mixed going into midsession, with France's

CAC 40

up 0.3%, Germany's

Xetra Dax

down 0.2% and the U.K.'s

FTSE 100

up 0.7%. Japan's

Nikkei 225

lost 0.7% overnight, while Hong Kong's

Hang Seng

rose 0.4% (see today's

Asian Markets Update for more).

For Friday's postclose trading, see The Night Watch.