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Pres. Obama Defeats Mitt Romney

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  • Description

    FBN’s Diane Macedo breaks down the stories moving the markets around the world.

  • Duration 4:46
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Tonight in this election.

Reminded us that while horrible.

While our journey has been -- we have committed ourselves up.

We have always back.

All.

We're the United States of America the best -- -- to -- When I'm -- assailant President Obama has been reelected to a second term in -- -- defeating former Massachusetts governor Mitt Romney.

The Democrats also kept the majority in the senate which they've had since 2007.

And the Republicans held majority in the house let's take a look at how markets are reacting to all of this US futures.

I have to be in the green earlier this morning are now in the red across the board Dow futures are down 21.

The S and -- down one the NASDAQ down about two in Asia markets -- to react there and while they also initially traded lower.

But close they were mixed the Nikkei in Shanghai and the day down while the kospi and Hang -- manage small gains.

In Europe overseeing green arrows across the board London and hundreds of seventeen pairs that fifteen Frankfurt's up.

About thirty.

Meanwhile President Obama won several battleground states including Wisconsin Virginia Iowa New Hampshire -- -- -- And Nevada but it was Ohio that that the president over the top and that's where fox business's Jeff Flock is now he's joining us.

From Columbus and Jeff what's the latest there.

What -- like close -- when it came down to -- -- close you know 5048 disclosed but it wasn't all of that close.

Ohio Statehouse is behind me beautiful state house by the way we spent all night -- last night if you're ever passing through Columbus I urged.

You to come and visit it's a beautiful place to take a look at the numbers.

As we said a two percentage point victory for the present here.

And then if we go to take a look at what -- winning margin was compared to those provisional ballots were really worried about that.

Lot of lawyers in Columbus ready to litigate on the subject of these provisional ballots there were 200000.

Of them.

And it was thought that if the race got really close that it could potentially swing the election and because they were provisional ballots they wouldn't have been counted.

For ten days so we would have been in Ohio if it came down to Ohio forever.

But the margin of victory was about a 100000 votes you have to make up a 100000 votes with provisional ballots.

And it just what's gonna happen the votes would not have been here for so it wasn't all that close.

And it wasn't just Ohio didn't come down just Ohio was some people had predicted so there you go.

Next hour -- we will have some exit polling results -- -- which may surprise you.

Of people -- voted for President Obama still blame.

President Bush former President Bush for the economic troubles and also take a look at what people thought of the auto bail out here in Ohio.

Some surprisingly high support perhaps maybe not surprisingly.

Pretty constant.

Bank.

Strategist thinks that Jeff Flock from Columbus we'll keep checking -- -- I'll morning Jeff thanks for the update.

Now in Virginia -- governors Democrat Tim -- and Republican George Allen went head to head for a spot in the senate and set a new record.

For the most expensive non presidential campaign ever Fox Business -- -- -- Webster.

Joins us now from Richmond Virginia with more on that -- actually.

Yeah hi Diane you're absolutely right more than seventy million dollars sunk into the race between Democrat.

Tim -- an end Republican Paul Allen both candidates.

Former governors of Virginia no stranger to politics that's -- show but in the end it was very close as expected but the polls really.

Showed that they will rights with Tim -- just -- his opponents George Allen by about a 51 to 49% margin.

This Tennessee was put up for grabs when Democrat Jim Webb.

-- hi -- Jim Webb by the weight defeated George Allen back in 2006.

When Allen lost his seat in the senate.

As for the presidential race well back in 2008 President Obama won Virginia the first Democrat to do that since 1960 full all the way back to Lyndon Johnson.

No I didn't come of that campaign.

So but for the second presidential election -- -- for President Obama.

Taking the swing state of Virginia and its thirteen electoral votes -- -- back to you.

All right there's -- Webster from Virginia looking under every day -- thanks for the update.

We thought as they -- -- -- definition is the look at commodities now we have oil and gold currently mixed oil down gold is up and Imus in the morning continues right.

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