Wall Street started the week on a high note, extending last week’s rally as oil prices fell and bitcoin surged to a new record.
The Dow Jones jumped 1%, reaching over 44,000, with Tesla and big banks leading gains.
Crypto stocks soared as bitcoin hit an all-time high above $82,300, driven by optimism about lighter regulation.
Investors are also focused on upcoming inflation data, which could provide more clues about interest rates.
The dollar remained near a recent peak as Federal Reserve speakers, including Chair Jerome Powell, are set to weigh in later this week.
European markets followed suit, with the pan-European STOXX 600 rising over 1% on Monday.
