The Dow Jones jumps over 1,300 points after Trump wins the election | WAMC

The Dow Jones jumps over 1,300 points after Trump wins the election | WAMC

Wall Street investors are cheering former President Trump's return to the White House.

The Dow Jones Industrial Average rose more than 1,300 points soon after the open, or more than 3%, just hours after Trump won the presidential election over Vice President Kamala Harris.

Meanwhile, the Nasdaq and S&P 500 both rose by more than 1.5% each in early morning trading.

Wall Street investors perceive Trump as more favorable to business interests, especially in terms of cutting taxes and regulations.