Shares of Trump Media & Technology (DJT) surged 7.42% in Monday's session, as former President Donald Trump was sworn in for his second term and promised a wave of executive orders on his first day back in office.

In his inaugural address, Trump vowed to prioritize America's interests and take on the "radical and corrupt establishment." He outlined plans to declare national emergencies at the southern border to crack down on undocumented migrants, as well as declare a national energy emergency to unleash domestic oil and gas production and bring down costs.

Trump also said he would "tariff and tax foreign countries to enrich our citizens," though specific details on new tariffs were not provided. Additionally, the president said he would extend a deadline for TikTok to be sold, providing a reprieve for the social media company's US operations.