(CNN)– U.S. stocks rose sharply on Wednesday morning after a decisive and consequential victory for former President Donald Trump in last night’s election. The DOW soared more than 12 hundred, or 3.2% at the market open. The S&P 500 and NASDAQ both surged about 2%. If the DOW maintains its implied gains throughout the trading session, it will be the 6th best point gain ever for the index. Markets were mostly energized by the fact that the presidential election was decided relatively quickly. Categories: News, Politics Tags: 2024 election, 2024 Presidential Race, former president donald trump, U.S. economy