1. Stocks set for another record

It's shaping up to be another record-setting day.

The Dow Jones industrial average, S&P 500 and Nasdaq each hit new all-time highs on Monday as traders anticipate business-friendly policies that may be implemented by President-elect Donald Trump.

Based on premarket trading, it looks like the rally could continue Tuesday. U.S. stock futures are all pushing up.

Nearly all European markets are also in positive territory in early trading. And every single Asian market closed the day with decent sized gains.

Japanese investors are also relieved after a strong earthquake in Japan didn't seem to cause major damage.

2. Commodities are looking up

The commodities sector is helping to power stock markets higher.

Crude oil futures are up about 1.5% to trade around $49 per barrel, and gasoline futures are also surging by as much as 4.5%. Copper, zinc, gold, silver, nickel and aluminum are also moving up, with some commodity prices rising by more than 1%.

Many large mining firms are rising by as much as 5% in Europe as commodity prices surge.

Anglo American (AAUKF) in London is among the main gainers.

3. Dollar remains near 14-year peak

The dollar was holding near almost 14-year highs against a basket of the other major currencies on Tuesday after falls on Monday as traders took profits in the wake of the greenback’s longest rally in more than four years.

At 10:57GMT, the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, was at 100.95, holding below the 13-and-a-half year high of 101.54 set on Friday.

Before falling on Monday, the greenback had risen for 10 straight sessions, its longest winning streak since May 2012.

4. Investors price in Fed rate hike at 100%

Bond markets placed the odds that the Federal Reserve (Fed) will hike rates at the December 13-14 decision at 100% on Tuesday.

Fed funds markets had briefly placed the chances on a move at 100% on Monday, though odds eased back and last stood at 95.4%.

Coming later this week:

Wednesday - U.K. Autumn Statement; 'Moana' released

Thursday - Thanksgiving (U.S. market closed)

Friday - Black Friday