• U.S. stocks rose as investors adjusted their portfolios for a second Trump presidency.

• Investors will turn their attention to inflation this week, with October CPI due out on Wednesday.

• Corporate earnings reports are coming to an end, with Nvidia scheduled to release it on November 20.

U.S. stocks rose Monday, extending the post-election rally as investors adjust their portfolios to prepare for a second Donald Trump presidency.

Everything from Bitcoin to Tesla to the US dollar rallied on Monday morning. The world’s largest cryptocurrency hit an all-time high above $82,000 as investors continued to celebrate Trump’s victory, which the the market expects a positive result crypto catalyst.

Tesla stock rose more than 8% to around $348.50. The stock reclaimed a $1 trillion market cap late last week for the first time since April 2022. Technology analyst Dan Ives said in a note Monday morning that Trump’s victory had “changed the gives” and raised its price target to $400. a part.

The main concern for investors this week is inflation data, with Consumer Price Index data for October due to be released on Wednesday morning.

Economists expect the CPI to rise 2.5% year-on-year, compared to a 2.4% rise the previous month.

Investors will receive more inflation data on Thursday when the producer price index is released. Economists expect a 0.2% month-on-month rise from a flat figure in September.

In addition to inflation data, corporate profits remain on investors’ radars, even as they begin to weaken.

So far, 91% of S&P 500 companies have reported third-quarter results. Of these companies, 77% beat earnings estimates by a median of 6%, while 59% beat revenue estimates by a median of 6%, according to Fundstrat data.

Nvidia is the latest major company to report earnings. The chip giant is expected to report its third-quarter results after the market closes on November 20.

Here’s where the US indexes stood shortly after the 9:30 a.m. opening bell on Monday:

Here’s what else is happening:

In commodities, bonds and cryptocurrencies:

• West Texas Intermediate crude oil fell 2.76% to $68.44 per barrel. Brent crudethe international benchmark, fell 2.52% to $72.01 per barrel.

• Gold fell 2.07% to $2,639.00 an ounce.

• The 10-year Treasury yield remained stable at 4.310%.

• Bitcoin gained 1.80% to $81,875.

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