What to Know
- Former President Donald Trump secured more than the 270 electoral votes required to win the presidency, NBC News projected.
- Vice President Kamala Harris underperformed across the country, falling behind in several swing states that Joe Biden had won. Harris gave a concession speech in an address to the nation Wednesday.
- In Congress, the Republicans will win control of the Senate after four years of Democratic dominance. House control remains uncalled.
- Measures designed to enshrine the right to abortion passed in seven states, but failed to reach a 60% threshold needed to pass in Florida.
- Markets surged Wednesday in response to a Trump win, with the Dow climbing more than 3% and the S&P 500 rising 2.3%. Bitcoin hit an all-time high.
