CommSec’s Tom Piotrowski says stock markets are up “quite substantially” in late US trade which comes at the hands of “rather encouraging” inflation numbers.

The stock market’s Trump-fueled honeymoon has fallen short of inauguration day. While the S&P 500 eked out a gain to start the week, the index remains effectively unchanged from the day before the election.

President Trump will have little direct impact on the stock market, but his policies, initiatives and posts certainly can make prices move. Here's how.