the dow s&p 500 and nasdaq finishing down last week. we're looking ahead to key economic data and earnings coming out this week, macy's and home depot report earnings tomorrow, expenditures comes out on friday, the pce. critical gauge of inflation, particularly for the federal reof serve. economists are expecting to see the 14th straight monthly gain, making that the fastest increase since 1982. 40 year high on inflation. oil hovering around $91 a barrel. gold slipping after hitting an eight-month high. european markets have been to the downside this monday. in asia overnight, same story, red across the board. japan, the nikkei there, the worst performer this monday. "mornings with maria" is live right now. some of the top stories we're watching this morning, russia now saying there are, quote, no concrete plans yet for a summit between vladimir putin and president joe biden. cheryl casone has more. hey, cheryl. cheryl: the news coming just hours after the white house said that it had agreed in principle to a meeting to help resolve the

overnight lows could see 20's. around freezing into tuesday and wednesday locally. slow moderation of the temperatures as we get towards next weekend. we are always looking and it exactly macy rain coming our way into march how much? we do not know, but at least we are out of the strong pattern. liz: thanks. just ahead, day of remembrance. today marks 80 years since japanese-americans were ordered to be incarcerated during world war ii. we take a look at how one filmmaker is focusing on multiracial solidarity. for you i wish many things... to see all the world can be. but most of all... i wish you'll never stop wishing. ♪ ♪ in new york city, i wish you'll never st♪ ♪ishing. there's always something new to discover. ♪ ♪ ♪ ♪ ♪ ♪ come be a part of it. plan your next vacation at iloveny.com liz: today marks 80 years since president roosevelt signed an executive order that incarcerated japanese-americans during world war ii. the focus shifts to multiracial solidarity. julian glover spoke to local filmmaker who shows how the japanese and african-americ

the nasdaq was down 1 and three quarters percent and s&p 500 lower by 1 and two-thirds percent. we're looking to key economic data and earnings over the next few days, home depot reporting any moment, macy's is out later this hour. january personal consumption expenditures out on friday. economists are expecting to see a 14th consecutive monthly increase. you look at home depot and macy's as we await home depot earnings this morning with an eye on russia as well. european markets have turned higher, ft 100 up 29, cac up 7 and two thirds and dax higher by 4 and three quarters right now, fractional moves across the board. in asia, red across the board, hong kong was the worst performer, down better than 2 and-a-half percent on the session, as you can see, hang seng index down 2.7%. "mornings with maria" is live right now. and right out of the gate we've got a beat out of home depot. let's get to cheryl casone with the home depot earnings hitting the tape. cheryl: we do the stock is moving higher right now. it is a double beat for earnings per share and for revenues, they came in a

they want and the security guard in front of the drugstore is not going to fight with somebody over s hundred dollars worth of-ash $100 worth of merchandise and potentially lose his life. that's the situation we're talking about. you seize stores closing. you think about a macy's, for example, trying to combat the problem in a different way, burt, with the rfid chips. any thoughts on this and trying to track goods? >> jackie, it links directly to your important point, cost and bottom line. macy's is doing a fantastic job with the rfid tags to track what's stolen, link it up to video. but like you said, that has a tremendous cost. so consumers are already paying record high inflation and with the higher cost of security and the rfid tags you referenced, costs are going to be passed along to the consumer and skyrocketing because there's no effective coordination between federal, state and often cities in terms of protecting the public, protecting retail and protecting all those jobs and keeping the stores i viable for the future for employment and serving the important communities, espe