ROMNEY GETS KENTUCKY, WEST VIRGINIA AND INDIANA; OBAMA GETS VERMONT, AND IT CONTINUES…
What a nail-biter this election is!
Kentucky (969,978 Votes, 60%), West Virginia (190,369 Votes, 61%) and Indiana (1,022,033 Votes, 56%) goes to Romney; Vermont (72,429, 67%) goes to Obama…
Obama 148 – Romney 153 (18 states just closed their polls and this is the total Electoral votes so far).
The Dow Jones industrial average closed up 133.24 points, or 1.02%, at 13,245.68. The S&P 500 Index closed up 11.13 points, or 0.79%, at 1,428.39. The Nasdaq Composite Index rose 12.27 points, or 0.41%, at 3,011.93. It’s going to be very interesting what the Dow does after Romney wins, and he will…
Here’s a link to the latest (real-time) info on this race. Click on “Poll Closings” to see which candidate won which state, and what polls are still open…
Fox News Calls Kentucky, Indiana for Romney, Vermont for Obama
By Dunstan Prial
Published November 06, 2012
Breaking: In a sign of things widely expected to come, the key swing states of Virginia, Ohio, Florida and Pennsylvania are too close to call in the presidential election between President Barack Obama and Republican challenger Mitt Romney.
It’s almost certainly going to be a long night.
A small percentage of undecided voters in these swing states are viewed as the keys to turning the tight presidential election in favor of one candidate or the other.
Polls have shown the race has been neck and neck for weeks and exit polls on Tuesday have given no clear indication of voters’ preference.
In states where decisive election results are ready, Fox News projects that Romney has won the presidential race in Kentucky, Indiana and West Virginia, while President Obama has won Vermont.
In addition to the others where no clear winner can be determined, Georgia, South Carolina and North Carolina are also too close to call.
One thing is abundantly clear: the economy is the key issue on voters’ minds as they headed by the millions to the polls. And turnout appears to be strong across the country.
Obama and Romney have made their sharply differing governing philosophies clear following months of campaign barnstorming, in acceptance speeches at their respective conventions and during three recent televised debates.
By almost every measure analysts have viewed the two candidates as practically polar opposites with respect to their views on business.
If there is one broad criticism of Obama held by the business community it’s that the president failed to recognize the uncertainty that would arise from his biggest regulation proposals, whether those proposals affected Wall Street or the nation’s vast health care system.
“Businesses know they’re going to be regulated. What they can’t deal with is uncertainty,” said Bill O’Grady, chief market strategist at Confluence Investment Management in St. Louis.
Stock markets rallied Tuesday on optimism that the election might produce a clear victory for one candidate or the other, ending months of uncertainty that have weighed on financial markets and hindered economic growth as businesses have put expansion plans on hold until after the election.
Another theory making the rounds on Election Day was that a win by Obama would mean four more years of loose fiscal policy, a boon for stock markets. Romney has said he would not appoint Federal Reserve Chairman Ben Bernanke to another term. Bernanke is the architect of the loose monetary policies that have dominated the U.S. economy since the 2008 fiscal crisis.
The Dow Jones industrial average closed up 133.24 points, or 1.02%, at 13,245.68. The S&P 500 Index closed up 11.13 points, or 0.79%, at 1,428.39. The Nasdaq Composite Index rose 12.27 points, or 0.41%, at 3,011.93.
In other significant races, Fox News has projected that House Majority Leader Eric Cantor will defeat Democratic challenger Wayne Powell to serve a 7th term in Virginia’s 7th District.