• Trump Nears Victory: Donald Trump is projected by CNN to win key battleground states, including Pennsylvania, Georgia, and North Carolina. This narrows the possible paths to victory for Kamala Harris. Addressing his supporters, Trump promised a “golden age of America.” Although CNN has not yet announced a winner,, both Trump and Harris need a minimum of 270 electoral votes to secure the presidency.
• Votes Still Being Counted: Vote tallying continues in key states such as Arizona, Michigan, Wisconsin, and Nevada. The Republican Party is projected to gain control of the Senate, shifting the balance of power in Washington.
With CNN’s projections showing Donald Trump on the brink of victory, he appears set for a second term. CNN’s exit polls reveal several political shifts since 2016, highlighting how economic issues have impacted Vice President Kamala Harris’ campaign and how various voter demographics have moved.
Notable demographic trends include:
- Gender Divide: Harris' support among women did not surpass Biden’s or Clinton’s in previous elections. Trump continued to hold a lead among male voters.
- Latino Support: Latino men notably leaned toward Trump in this election. While Harris maintained a lead among Latina women, it was a narrower margin compared to previous years. Strong Black voter support remained for Harris.
- Education Gap: White voters without college degrees have consistently supported Trump. However, Harris won the majority of White college-educated voters by a narrow margin, including a strong lead among college-educated White women.
Vice President Kamala Harris is projected to win Minnesota, which brings her 10 electoral votes closer to the goal of 270. In 2020, President Joe Biden won the state.
Donald Trump has now amassed 266 electoral votes, leaving him just four shy of the required 270 for victory.
Key Moments Overnight:
- Trump’s Speech in Florida: Trump addressed supporters in Florida early Wednesday, pledging to “fix our borders and our country.” He assured Americans that he would bring about a “golden age of America.” CNN has not yet declared a final result as counting continues.
- Republicans Secure Senate Control: Republicans are projected to secure a Senate majority. This shift began when West Virginia’s governor won a Senate seat, and further gains were made in Ohio and other states, marking a significant political shift.
- Battleground Victories: Trump won North Carolina, Georgia, and Pennsylvania, severely limiting Harris’ path to victory. Harris plans to address supporters later today as her campaign remains focused on ensuring “every vote is counted.”
Global Financial Response:
Asian markets, following Wall Street’s trends, rose as Trump advanced in the election. Japan’s Nikkei 225 closed up 2.6%, while Australia’s S&P ASX gained 0.8%. However, China’s Shanghai Composite was in negative territory, and Hong Kong’s Hang Seng index dropped by 2.7%.
U.S. markets surged, and Bitcoin reached a record high as election results began to solidify.
Some of Trump’s allies have started discussing administration roles, sources tell CNN. While Trump had previously avoided these discussions, allies are increasingly positioning themselves for future roles.
International Reactions:
Israeli Prime Minister Benjamin Netanyahu congratulated Trump on “history’s greatest comeback” as Trump neared victory. Although votes are still being counted, CNN’s projections indicate Trump only needs four more electoral votes to win. Trump, known for his pro-Israel stance, had a strong relationship with Netanyahu during his presidency but has distanced himself in recent years.
CNN’s current projections show Trump at 266 electoral votes and Harris at 195. Trump’s recent wins in Pennsylvania, North Carolina, and Georgia place him close to victory.
Trump expressed optimism, telling supporters that “this moment will help heal the country.” According to CNN’s projections, Trump now needs just four more votes to secure the presidency. Votes continue to be counted across several key states.
During an address in West Palm Beach, Florida, Trump promised that each day he would “fight for you” as he aimed to usher in a “golden age of America.”
At Detroit’s counting center, 4,500 absentee ballots were delivered, with others undergoing verification before they are counted. Detroit had already processed 86,000 absentee ballots, with an additional 14,000 received on Election Day.
Celebrating Republican Senate control, Trump declared, “America has given us an unprecedented and powerful mandate.” He cited victories in Senate races across multiple states, attributing the success to the “MAGA movement.”
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