Much Of Europe Playing Catch Up With U.S. Recovery

Much Of Europe Playing Catch Up With U.S. Recovery

Stock index futures are pointing to a higher open as President Joe Biden is expected to sign the infrastructure bill. Additionally, President Biden is scheduled to meet with President XI Jinping of China on Tuesday to discuss tariffs and supply chain issues. However, last week's Michigan Consumer Sentiment report hit a decade low. Inflation is hurting consumers and slowing the recovery in the U. S. and Europe. This week investors get a heavy dose or earnings reports from retailers. Market gorillas Walmart WMT (WMT), Target TGT (TGT), Lowe's LOW (LOW), and Home Depot HD (HD) are all on the docket. Investors will also hear from a number of Fed members who are schedule to speak this week. Investors are waiting on comments on where the Fed stands after last week's inflation report and whether or not they plan to do more or less when it comes to interest rates. The Dow Jones Industrial Average ($DJI) could get a lift from one of its components. Boeing (BA) was up more than 3% in premarket trading on reports that the company received several orders for planes after the 2021 Dubai Airshow. Dollar Tree DLTR (DLTR) is also rallying more than 6% ahead