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Updated 7:10 PM  |  November 9, 2016
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Dow rose by triple-digit points day after Trump’s election
NEW YORK, NY - MARCH 12: Traders work on the floor of the New York Stock Exchange on March 12, 2015 in New York City. Wall Street halted a two-day slide with stocks rallying Thursday. The Dow Jones industrial average rose 260 points, or 1.5%, to 17,895. (Photo by Spencer Platt/Getty Images)
Traders work on the floor of the New York Stock Exchange on March 12, 2015 in New York City. 

The three major stock indexes have risen more significantly by midday Wednesday following Presidential-elect Donald Trump’s stunning upset against Hillary Clinton.

Dow Jones industrial average, in particular, soared by more than 100 points or 1.15 percent, according to MarketWatch. CNBC and CNN Money show Dow Jones rising by more than 200 points.

Nasdaq is up by more than 30 points or 0.75 percent. S&P 500 rose by more than 20 points, or about 1 percent.

Scott Clemons, chief investment strategist at Brown Brothers Harriman, told CNBC that what’s happening is reminiscent of Brexit.

“We had a trial run in June with the Brexit vote,” Clemons said. “Like Brexit, investors and traders are realizing that this is a process, not an event. What you’re seeing right now is a pretty predictable repositioning of portfolios.”

The midday numbers show a huge recover from Tuesday night, when Trump inched toward victory and the three major stock indexes plummeted, with Dow plunging by triple digits.

“The market’s initial response to the probability of a Trump win was, predictably enough, one of shock and fear as the prices of traditionally risky assets tumbled and perceived safe havens rose,” James Athey, fixed income fund manager at Aberdeen Asset Management, told CNBC. “However the increased prospect of tax cuts and a generally pro-growth set of policies from him, aided and abetted by the Republican clean sweep of congress, has seen some of this initial reaction begin to reverse.”

As Clinton delivered her concession speech on Wednesday, some traders at the New York Stock Exchange booed and chanted, “lock her up!” according to CNN Money.

“Ding-dong, the witch is dead,” one floor trader shouted.

The reaction to Hillary Clinton’s concession speech
US Democratic presidential candidate Hillary Clinton pauses as she makes a concession speech after being defeated by Republican President-elect Donald Trump, in New York on November 9, 2016. / AFP PHOTO / JEWEL SAMADJEWEL SAMAD/AFP/Getty Images
Hillary Clinton pauses as she makes a concession speech after being defeated by President-elect Donald Trump in New York on Wednesday. (Jewel Samad/AFP/Getty Images)

GOP pundits, television and radio personalities and others have mixed reactions on Hillary Clinton’s concession speech, delivered Wednesday morning in New York City.

Many had good things to say; others, not so much. Here are some of them:

Behind the cameras, White House staffers cried as Obama addressed the nation
A White House staff member weeps openly as she awaits U.S. President Barack Obama's arrival to speak about the election results in the Rose Garden of the White House in Washington, U.S., November 9, 2016. REUTERS/Kevin Lamarque
A White House staff member weeps in the Rose Garden. (Kevin Lamarque/Reuters)

The words in the Rose Garden were President Obama’s first public remarks since the election — and some of his last before the transition to the Trump administration begins.

Obama encouraged Americans who were disappointed the results of Tuesday’s history election to “keep their heads up.”

His words were directed at the cameras and the millions of Americans watching; but they were also heard by more than 100 White House staffers gathered behind the press.

From the White House pool report:

At least 150 WH staffers came out to hear Obama speak. They lined up in the garden behind the press, listening intently. When he was done, they applauded for a solid minute, at least. Your pooler saw three staffers crying, and many others with closed eyes or staring up at the sky.

The mood here is somber and quiet. Your pooler asked one aide in tears what was going through her mind; she said “I’m just sad,” before walking away. When it was suggested to another aide that today was bittersweet, the aide replied, “I don’t know about sweet.”

White House staffers console one another after President Obama’s remarks Wednesday. (Michael Reynolds/EPA)
Pelosi: ‘Peaceful transfer of power is the cornerstone of our democracy’

House Minority Leader Nancy Pelosi (D-Calif.) on Wednesday congratulated Donald Trump on winning the presidency and said in a statement that she would “pray for his success.”

“The peaceful transfer of power is the cornerstone of our democracy,” Pelosi said.

She noted that Trump had won the electoral college, while Hillary Clinton won the popular vote — though vote tallies are still being finalized.

“We have a responsibility to come together and find common ground,” Pelosi said. “Only by recognizing and respecting the important contributions that all Americans make to our country’s success can we build an inclusive and stronger future for America.”

Pelosi also thanked Clinton for her candidacy and leadership, and for being “a magnificent force for good in our country.”

In September, Pelosi told The Washington Post’s Jonathan Capehart that she was “absolutely” confident Clinton would be elected president and even expressed hope Democrats could take back a majority in the House of Representatives.

When Capehart asked her then about the possibility of a “President Trump” instead, Pelosi responded: “Those two words will never go together.”

Mobs of tearful students protest Trump’s victory
Madeline Lopes, left, and Cassidy Irwin march with other protesters in downtown Oakland, Calif., early Wednesday. (Jane Tyska/Bay Area News Group via AP)

As election results poured, some college students took to the streets, especially on the West Coast, crying and shouting with rage.

At many schools, the chants were the same: “F‑‑‑ Donald Trump!” over and over, with fists pumping the air or arms around one another, some holding cellphones aloft to light their way through dark campuses, or to film and share on social media.

College students are part of a generation that is the most Democratic- and liberal-leaning of all age groups, and over the last decade or so, there has been a real generational shift toward the Democrats, according to John Baughman, associate professor of politics at Bates College.

So while there was real jubilation from some students, often those were smaller celebrations. At many schools, Trump supporters had said they stayed “closeted” because the mood on campus was so vehemently against him.

Read the rest of the story here.

Susan Svrluga

2016 election aftermath: Trump wins, Clinton concedes

Follow along for the latest updates on Donald Trump’s surprising election win, reactions from around the world and the breakdown of exit polls.

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