US election race live: Trump leads Harris in early voting

Financial markets responded swiftly to the potential of a Trump win. The dollar and Treasury yields rose, with Wall Street futures advancing in Asian trading. Dow Jones futures gained 1.3%, the S&P 500 rose by 1.2%, and the Nasdaq also saw an uptick. Bitcoin surged to an all-time high, exceeding $74,000.

author: Economician

Reading Time:

1 minutes

category:politic

In the 2024 U.S. presidential race, Donald Trump holds an early lead over Kamala Harris, with the Associated Press reporting that he has secured North Carolina and appears to be gaining in crucial battleground states. According to AP's tally, Trump currently has 230 electoral votes, while Harris holds 210. Trump is reportedly leading in other key states, including Georgia, Michigan, Wisconsin, Arizona, and Pennsylvania, while Harris maintains strong support along the West Coast.

The Republicans appear set to take control of both the Senate and the House of Representatives, which could result in a "red sweep." If Trump secures the presidency, such a sweep would likely ease the way for him to implement significant policy changes. Conversely, a Republican-dominated Congress would present challenges for Harris in advancing her agenda.

Although early results favor Trump, the final outcome hinges on undecided battleground states. Analysts at Citi noted that while trends favor a Republican victory, the results may not be confirmed until Wednesday morning, with the outcome depending heavily on the “blue wall” states.