US stocks rose on Monday, recovering some losses experienced late last week, while crypto assets maintained their post-election rally. The previous week’s dip was attributed to a mix of concerns following Trump's controversial cabinet picks and the potential economic implications of his policies, coupled with rising inflation and a resilient job market. Initial jobless claims fell below expectations, and core CPI showed prices were 3.3% higher than a year ago, complicating the Fed's approach to interest rates, as Chair Jerome Powell stated there was no rush to lower them. Nonetheless, the S&P 500 gained 0.4% and the Nasdaq Composite rose 0.7% as of 2 pm ET on Monday, with Bitcoin hovering around $90,300. Key earnings reports from major companies like Nvidia, Walmart, and Target are expected to influence market movements this week, particularly regarding consumer health and the effect of the chipmaker’s growth strategies.

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