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US election results: Donald Trump defeats Hillary Clinton in race to the White House, financial markets plunge

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Republican Donald Trump is to become 45th President of the United States, defeating his Democratic rival Hillary Clinton. Mr Trump took to the stage to speak to supporters at the New York Hilton Midtown. Mrs Clinton telephoned Mr Trump to concede, but will not be speaking publicly this evening, it is reported.

Financial markets in crisis

Stock futures plunged as the presidential election’s outcome showed signs of Trump victory on Tuesday night. Investors had bet heavily Monday on Democrat Hillary Clinton. But as Republican Donald Trump picked up many more votes than expected, markets reacted violently to the changed scenario.

Clinton supporters in shock

John Podesta, Clinton campaign chairman, told a packed room of supporters in New York, “You should get some sleep. We’ll have more to say tomorrow”.

The results came as a shocker after opinion polls over the weekend showed Mrs Clinton went into polling day with advantage over her Republican rival.

The election results left Clinton supporters in shock and visibly devastated.

Both candidates had early victories but Mr Trump picked up the key battleground states of Ohio, Florida and North Carolina to change the outcome of the elections.

North America correspondent Stephanie March said, “Hillary Clinton and her supporters had hoped to make history today by electing the first female president in the United States”.

“Heading into election day polls had pointed to a victory for the Democrats nominee but losses key states south eastern of in Florida and North Carolina significantly narrowed her path to victory.”

Washington bureau chief Zoe Daniel said, “People have literally sat around in this venue on the floor, staring into space, some people are in tears. People are hugging each other”.

“There’s just a sense of pervasive shock. Not only that Hillary Clinton appears to have lost the election, but that it has been such a complete and utter rout”.

Mr Trump enjoyed a swing in Florida, winning it back from the Democrats.

Paul

The author Paul