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The market can accept gridlock," said Quincy Krosby, chief global strategist at LPL Financial in Charlotte, North Carolina. S&P 500 has risen in every 12-month period following the U.S. midterm elections over the past 70 yearsAt 6:21 a.m. ET, Dow e-minis were down 67 points, or 0.2%, S&P 500 e-minis were down 2 points, or 0.05%, and Nasdaq 100 e-minis were up 8.5 points, or 0.08%. Meanwhile, some market participants expect October U.S. inflation data due on Thursday to be more market-moving. read moreReporting by Medha Singh and Bansari Mayur Kamdar in Bengaluru; Editing by Savio D'Souza and Arun KoyyurOur Standards: The Thomson Reuters Trust Principles.

By early Wednesday, Republicans had flipped six Democratic House seats, Edison Research projected, one more than the minimum they need to take over the chamber. But Republican hopes for a "red wave" of victories faded as Democrats showed surprising resilience in several key races. Pelosi said in a statement, "It is clear that House Democratic members and candidates are strongly outperforming expectations around the country." But television host and heart surgeon Mehmet Oz failed to win his Pennsylvania Senate race. In Pennsylvania, Republican gubernatorial candidate Doug Mastriano, who sought to overturn the state's election results after Trump lost, was defeated by Democrat Josh Shapiro.

☆ Analysis: Four takeaways from the U.S. midterm elections
▼ + stars: | 2022-11-09 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

[1/5] Republican Florida Governor Ron DeSantis is showered with confetti as he celebrates onstage with his wife Casey and family during his 2022 U.S. midterm elections night party in Tampa, Florida, November 8, 2022. Oz, the TV physician who was Trump's hand-picked candidate for the race, had questioned his fitness for office. During Fetterman's campaign, he made much of visiting the state's rural regions with talk of creating working-class jobs. Meanwhile, a race in the state’s 10th district, situated even closer to Washington, ended with incumbent Democrat Jennifer Wexton keeping her seat. The win moved Republicans closer to the five seats they needed to take over the House.

In the House of Representatives, Republicans remained favored to win a majority that would allow them to halt Biden's legislative agenda. By early Wednesday, the party had flipped six Democratic House seats, Edison Research projected, one more than the minimum they need to take over the chamber. But Republican hopes for a "red wave" of victories faded as Democrats showed surprising resilience in several key races. The Democratic speaker of the House, Nancy Pelosi, said in a statement, "It is clear that House Democratic members and candidates are strongly outperforming expectations around the country." Voter anger over the Supreme Court's June decision to overturn the nationwide right to abortion helped Democrats to curb their losses.

SummarySummary Companies Key House, Senate races still too close to callRepublican-controlled Congress would stymie Biden agendaPHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Control of Congress was up for grabs after Tuesday's U.S. midterm elections with many of the most competitive races uncalled, leaving it unclear whether Republicans would seize control from President Joe Biden's Democrats. In the House of Representatives, Republicans had been favored to win a majority that would allow them to halt Biden's legislative agenda. By early Wednesday, the party had flipped four Democratic House seats, Edison Research projected, one short of the number they need to take over the chamber. The Georgia Senate race could end up in a Dec. 6 runoff, possibly with Senate control at stake. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties.

Vance won Ohio's U.S. Senate race in Tuesday's midterm elections, but control of the chamber remained up for grabs with several contests too close to call. Democrats currently control the 50-50 Senate with Vice President Kamala Harris able to break any ties. In addition to every House seat, 35 Senate seats and three dozen governors' races are on the ballot. (Live election results from around the country are here.) In Pennsylvania, Republican gubernatorial candidate Doug Mastriano, who sought to overturn the state's election results after Trump lost, was defeated by Democrat Josh Shapiro.

☆ Analysis: Three takeaways from the U.S. midterm elections
▼ + stars: | 2022-11-09 | by ( James Oliphant | ) www.reuters.com time to read: +6 min

REUTERS/Marco BelloWASHINGTON, Nov 8 (Reuters) - Tuesday's U.S. midterm elections will determine whether Republicans seize control of Congress from Democrats. Early exit polls from Edison Research, however, showed reason for concern as Democrats appeared to be losing support from crucial voting blocs. The exit polls showed 54% of voters with college degrees picking Democrats while 45% voted for Republicans. Exit polls showed Republicans were winning 40% of the Hispanic vote, compared to 32% won by Trump in 2020. Now all eyes will be on his next move — and whether he has the guts to take on Trump for the 2024 Republican presidential nomination.

Share this -Link copiedWisconsin Senate race too close to call Wisconsin's Senate race between GOP Sen. Ron Johnson and Democrat Mandela Barnes is too close to call, NBC News says. Vance wins Ohio Senate race, defeating Democrat Tim Ryan, NBC News projects COLUMBUS, Ohio — J.D. Ohio Republican Senate candidate J.D. Vance is leading The Senate race in Ohio is too early to call, NBC News says, but Republican candidate J.D. Share this -Link copiedGeorgia Senate race too close to call Georgia's Senate race is too close to call about three hours after polls closed at 7 p.m.

[1/14] A voter waits in line to cast their ballot during the midterm elections, in McAllen, Texas, U.S., November 8, 2022. REUTERS/Callaghan O'HarePHOENIX, Ariz./BIRMINGHAM, Mich., Nov 8 (Reuters) - Republicans were favored to wrest control of the U.S. House of Representatives away from President Joe Biden's Democrats based on early returns in Tuesday's midterm elections, though the prospects of a "red wave" appeared to have dimmed. But importantly, that number can change as close to 200 of the 435 House races had yet to be called, including some with vulnerable Republican incumbents. But even a narrow Republican House majority would be able to block Biden's priorities while launching politically damaging investigations into his administration and family. (Live election results from around the country are here.)

☆ Midterm elections live updates: Pennsylvania races, New Hampshire Senate race too early to call
▼ + stars: | 2022-11-09 | by ( Brandy Zadrozny | Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Sahil-Kapur-Headshot.Jpg | ) www.nbcnews.com time to read: +109 min

Share this -Link copiedWisconsin Senate and governor's races too early to call It is too early to call the Senate and gubernatorial races in Wisconsin, according to NBC News. Share this -Link copiedNew Hampshire Senate race too early to call The Senate race in New Hampshire is too early to call, according to NBC News. Share this -Link copiedPennsylvania Senate and governor races are too early to call After polls closed at 8 p.m. While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

While Maricopa County election officials initially categorized the problem as a “hiccup,” it took hours before a solution was identified early Tuesday afternoon. According to the poll, 46% of voters said their family’s financial situation is worse than it was two years ago. Civil rights groups, including the American Civil Liberties Union and the NAACP, filed a similar complaint Friday against state election officials. The app and portal had been down for part of the morning and the state's election hotline also briefly experienced issues. In Columbus County, election officials allegedly were harassed by an “observer following one-stop workers” and photographing or filming the workers, it said.

Rep. Chris Pappas defeated Republican Karoline Leavitt in New Hampshire's 1st Congressional District. The 1st District is located in the eastern region of the state. Democratic Rep. Chris Pappas defeated Republican Karoline Leavitt in New Hampshire's 1st Congressional District. 2022 General EmbedsNew Hampshire's 1st Congressional District candidatesPappas, who will serve a second term in the US House, sits on the House Committees on Transportation and Infrastructure and Veterans' Affairs. Voting history for New Hampshire's 1st Congressional DistrictNew Hampshire's 1st Congressional District is located in the eastern region of the state and includes Manchester, the state's largest city, as well as Portsmouth and Laconia.

Rep. Henry Cuellar defeats Republican Cassy Garcia in Texas' 28th Congressional District. The 28th District is located along Texas' border with Mexico. AustinCorpus Christi MayorLongtime Democratic Rep. Henry Cuellar defeated Republican Cassy Garcia in Texas' 28th Congressional District. 2022 General EmbedsTexas' 28th Congressional District candidatesCuellar is a member of the House Appropriations Committee and is one of the most conservative members of the House Democratic caucus. Voting history for Texas' 28th Congressional DistrictTexas' 28th Congressional District encompasses a section of the U.S.-Mexico border and stretches to the easternmost outer regions of San Antonio, the state's second-most populous city behind Houston.

Rep. Dan Kildee defeated Republican Paul Junge in Michigan's 8th Congressional District. The 8th District is centered around the city of Flint, Michigan. Democratic Rep. Dan Kildee defeated Republican Paul Junge in Michigan's 8th Congressional District. 2022 General EmbedsMichigan's 8th Congressional District candidatesKildee was elected the representative for Michigan's 5th Congressional District pre-redistricting, succeeding his uncle Dale Kildee, who occupied the seat from 1977 to 2013. Voting history for Michigan's 8th Congressional DistrictMichigan's 8th Congressional District is centered around the city of Flint.

Rep. Dan Kildee faces Republican Paul Junge in Michigan's 8th Congressional District. The 8th District is centered around the city of Flint, Michigan. Democratic Rep. Dan Kildee faces Republican Paul Junge in Michigan's 8th Congressional District. 2022 General EmbedsMichigan's 8th Congressional District candidatesKildee was elected the representative for Michigan's 5th Congressional District pre-redistricting, succeeding his uncle Dale Kildee, who occupied the seat from 1977 to 2013. Voting history for Michigan's 8th Congressional DistrictMichigan's 8th Congressional District is centered around the city of Flint.

☆ GOP Rep. Mayra Flores immediately blamed voters for staying home after she lost a competitive House seat
▼ + stars: | 2022-11-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +2 min

GOP Rep. Mayra Flores slammed voters for staying home after she lost a competitive House seat. Democratic Rep. Vicente Gonzalez defeated Flores in Texas' 34th Congressional District. Flores lost to Democratic Rep. Vicente Gonzalez on Tuesday in Texas' 34th Congressional District, which was a rare contest between two sitting members of Congress. But early election results show Democrats holding stronger than expected, picking up toss-up races and holding competitive districts. Early Wednesday morning after the race was called against her, Flores thanked those who "invested" in her campaign.

Democratic US Sen. Catherine Cortez Masto is running against Republican Adam Laxalt in Nevada. Senate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. RenoNorth Las Vegas MayorDemocratic Sen. Catherine Cortez Masto is locked in one of the nation's closest-watched Senate races in Nevada against Republican Adam Laxalt, a former state attorney general. If Cortez Masto manages to hold on, the GOP's path to 51 seats becomes even more perilous and Democrats' odds of retaining power in the Senate improve. The money raceAccording to OpenSecrets, Cortez Masto has raised $44 million, spent $39.1 million, and has roughly $5.1 million on hand, as of September 30.

☆ A New York court's decision to block Democrats' gerrymandering has handed the GOP a lifeline to retake the House
▼ + stars: | 2022-11-09 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +3 min

A New York court's decision on congressional maps has given the GOP hope to retake the House. New York's highest court rejected an attempt by state Democrats to redraw the congressional maps months ago. In the blue state, Republicans saw significant wins in Tuesday's midterm elections. New York's state constitution bans partisan gerrymandering, unlike other GOP-led states where redistricting maps were upheld. State Democrats had insisted that they did not engage in partisan gerrymandering with the redrawing of the maps.

Democrat Yadira Caraveo defeated Republican Barbara Kirkmeyer in Colorado's 8th Congressional District. (2 Districts) Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. CO-08CO-07 House Governor Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Democrat Yadira Caraveo defeated Republican Barbara Kirkmeyer in Colorado's new 8th Congressional District. 2022 General EmbedsColorado's 8th Congressional District candidatesThe Democratic nominee, state Rep. Yadira Caraveo, easily secured her party's nomination for the seat.

☆ Lindsey Graham says it's 'definitely not a Republican wave — that's for darn sure' as Democrats win in competitive races
▼ + stars: | 2022-11-09 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

Republican Sen. Lindsey Graham said it's "definitely not a Republican wave" on Tuesday evening. "It's not a wave for sure, but I think it'll be a very good night," he said. "If you run that far behind your governor candidate, you probably made a mistake," Graham said of Bolduc, referring to the state's Republican Gov. "Hats off to the Democrats, they performed well in a lot of these swing districts," Graham said. "It's not a wave, for sure, but I think it'll be a very good night," he added.

Rep. Yvette Herrell was defeated by Democrat Gabriel Vasquez in New Mexico's 2nd Congressional District. The 2nd District encompasses western portions of of Albuquerque, the largest city in New Mexico. Republican New Mexico Rep. Yvette Herrell lost her bid for reelection against Democrat Gabriel Vasquez in New Mexico's 2nd Congressional District. 2022 General EmbedsNew Mexico's 2nd Congressional District candidatesHerrell, a Cherokee, joined the ranks of the very few Native Americans in Congress following her victory in 2020. Voting history for New Mexico's 2nd Congressional DistrictNew Mexico's 2nd Congressional District encompasses the city of Las Cruces, the second largest city in the state, and western portions of Albuquerque, the largest.

Rep. Cindy Axne ran against Republican Zach Nunn in Iowa's 3rd Congressional District. Democratic Rep. Cindy Axne lost her bid for reelection against Republican state Sen. Zach Nunn in Iowa's 3rd Congressional District. 2022 General EmbedsIowa's 3rd Congressional District candidatesAxne is a member of the Committees on Financial Services and Agriculture. Voting history for Iowa's 3rd Congressional DistrictIowa's 3rd Congressional District is located in the southwestern region of the state. The National Republican Congressional Committee and Congressional Leadership Fund, a pro-Nunn super PAC, account for the majority of that spending.

Rep. Elissa Slotkin won reelection against Republican state Sen. Tom Barrett in Michigan's 7th Congressional District. Democratic Rep. Elissa Slotkin won reelection against Republican Tom Barrett in Michigan's 7th Congressional District. 2022 General EmbedsMichigan's 7th Congressional District candidatesWhen Slotkin first won the seat in 2018, she became the first Democrat to represent Michigan's 8th Congressional District (pre-redistricting) since 2001 with her victory over incumbent Rep. Mike Bishop. In 2022, she ran unopposed in the Democratic primary for the 7th Congressional District. Voting history for Michigan's 7th Congressional DistrictMichigan's newly drawn 7th Congressional District sits in the central region of the state and spans seven counties.

☆ Results: Democratic Rep. Sean Patrick Maloney loses his bid for reelection against Republican Michael Lawler in New York's 17th Congressional District election
▼ + stars: | 2022-11-09 | by ( Hanna Kang | Dorothy Cucci | Nov | ) www.businessinsider.com time to read: +6 min

Rep. Sean Patrick Maloney was defeated by Republican Michael Lawler in New York's 17th Congressional District. The 17th District is located in the lower Hudson Valley. Democratic Rep. Sean Patrick Maloney lost his bid for reelection against Republican Michael Lawler in New York's 17th Congressional District. 2022 General EmbedsNew York's 17th Congressional District candidatesMaloney, who was first elected to the US House in 2012 after defeating Republican incumbent Nan Hayworth, serves on the House Committee on Transportation and Infrastructure. Voting history for New York's 17th Congressional DistrictNew York's 17th Congressional District is located in the lower Hudson Valley and includes Rockland and Putnam counties, parts of Westchester, and three towns in southeast Dutchess County.

☆ Live Results: Democrat Katie Hobbs faces off against Trump-endorsed Republican Kari Lake in Arizona's gubernatorial election
▼ + stars: | 2022-11-09 | by ( Hanna Kang | ) www.businessinsider.com time to read: +4 min

Democrat Katie Hobbs ran against Republican Kari Lake in Arizona's gubernatorial race. Democrat Katie Hobbs faced off against Republican Kari Lake in Arizona's gubernatorial election. Previously, she served as an Arizona state senator from 2013 to 2019 and as a state representative from 2011 to 2013. This race is also one of six Republican-held governorships up for election in a state carried by Biden in the 2020 presidential election. Her opponent, Hobbs, had raised $10.3 million, spent $8.6 million, and had $1.7 million of cash on hand, as of September 30.

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