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.

Investors celebrated former President Trump's win to become the 47th president of the United States, which will likely usher in pro-business policies.

It's early, but market action as results come in Tuesday night indicates that investors see a path for Donald Trump to return to the White House, a veteran Wall Street strategist told MarketWatch. "The Dow is up 265 points,