
Macy's, Dollar General and Costco May Offer Clues on Strength of Consumer Spending Investors are looking for more signs that inflation and lingering effects from the Covid-19 pandemic are wearing on American consumers. Biden Kicks Off Economic Group Linking U.S., Asia President Biden and leaders from a dozen countries in the Indo-Pacific region on Monday endorsed a new economic platform meant to counter China's influence through cooperation on global issues such as supply chains, clean energy and digital rules. MARKET WRAPS Opening Call: Stock futures rose Monday, putting the S&P 500 on track to edge away from bear-market territory. Comments from Joe Biden that he was considering reducing tariffs on China helped lift market sentiment. The tariffs were imposed by the Trump administration.