Trader Michael Capolino wears a Trump hat as he works on the floor of the New York Stock Exchange (NYSE) ahead of the opening bell on November 6, 2024, in New York City. 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. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)