U.S. stocks rise as post-election rally boosts indexes ahead of inflation report

insider.com

U.S. stocks rose on Monday, continuing a post-election rally as investors adjusted to a potential second Trump presidency. Bitcoin reached a record high above $82,000, and Tesla's stock surged over 8%, reclaiming a $1 trillion market cap. Investors are focused on upcoming inflation data, with the October consumer price index report due Wednesday. Economists expect a 2.5% year-over-year increase, slightly higher than the previous month’s 2.4% rise. Corporate earnings reports are winding down, with Nvidia set to report on November 20. So far, 91% of S&P 500 companies have reported third-quarter results, with 77% exceeding profit estimates.


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