Donald Trump is considered now officially the winner of the US elections as he also won the key state of Pennsylvania, which has 19 electoral votes. The former and probably new President of the United States said early that if he wins Pennsylvania, he would win the elections.
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Trump had already won the crucial states of North Carolina and Georgia in Tuesday's U.S. presidential election.
The former and current U.S. President noted early on that if he wins Pennsylvania, he will win the election. Earlier, he won the crucial state of Georgia, the erstwhile Republican stronghold that had voted Democratic four years ago, which along with his victory in North Carolina narrowed Kamala Harris' paths to victory and broadened his path to achieving the 270 electoral votes needed to become the next president.
Trump, after that victory, spoke publicly addressing his constituents in Florida, while Kamala Harris canceled her speech as well as her planned party and will deliver a speech on Wednesday.
Republicans won a majority in the U.S. Senate after flipping Democratic seats in West Virginia and Ohio. Neither party appeared to have an edge in the battle for control of the House of Representatives, where Republicans currently hold a narrow majority.
Trump went into Election Day with a 50-50 chance of reclaiming the White House, a notable turnaround since Jan. 6, 2021, when many pundits had announced the end of his political career, when a mob of his supporters stormed Congress in a violent attempt to overturn the results of the 2020 election.
Trump garnered more support from Hispanic, traditionally Democratic voters, and among lower-income households who have felt the sting of price increases keenly since the last presidential election in 2020, according to Edison's exit polls.
Trump won 45 percent of Hispanic voters nationwide, trailing Harris with 53 percent, but up 13 percentage points from 2020.
Some 31 percent of voters said the economy was their main issue and voted for Trump by a margin of 79 percent to 20 percent, according to exit polls. About 45 percent of voters across the country said their family's economic situation is worse today than four years ago and favored Trump by 80 percent to 17 percent.
Global investors were increasingly pricing in a Trump victory late Tuesday. U.S. stock futures and the dollar were pushed higher, while Treasury yields climbed and bitcoin rose — all flagged by analysts and investors as trading favoring a Trump victory.
At Howard University, where there was a big watch party for Harris, supporters marched out en masse, expecting the vice president not to address the crowd Tuesday night. Cedric Richmond, co-chair of Harris' campaign, briefly addressed the crowd and said Harris would not speak. "We still have votes to count," he said. "We still have states that haven't been invited yet."
Finally, some analysts believe that Trump won the "male" votes, while Harris seemed to have the support of female voters. In fact, some believe that Trump prevailed over Hispanics and African-Americans precisely because he was a man. Finally, it is estimated that Republican Trump has also attracted the lower economic strata - which have traditionally supported Democrats - as Hollywood's strong support for Harris may have had negative results, after all.
Futures on the Dow Jones Industrial Average climbed over 800 points, or roughly 1.9%, in the moments after Trump was projected to defeat Harris in the crucial swing state of Pennsylvania.
S&P 500 and Nasdaq 100 futures were climbing in parallel with the Dow.
Trump’s projected victory in Pennsylvania greatly widened his path to victory. Republicans also were projected to flip control of the Senate.
