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NEW YORK, NEW YORK - OCTOBER 22: Traders work on the floor of the New York Stock Exchange (NYSE) on October 22, 2024 in New York City. The Dow was down over 100 points in morning trading following a drop of over 300 on Monday. Spencer Platt/Getty Images/AFP (Photo by SPENCER PLATT / GETTY IMAGES NORTH AMERICA / Getty Images via AFP)
Wall Street stocks surged in opening trading on Wall Street Wednesday after US voters sent Donald Trump back to the White House and delivered him a Republican Senate.
Major indices were up 1.8 percent or more in the early going as hopes about expected tax cuts and regulatory easing more than offset worries about higher tariffs.