• High-water marks: Democrats, who have won their largest majority in the House in nearly 20 years, are on the verge of exceeding the 257 seats at the start of Barack Obama’s presidency and the 258 at the start of Bill Clinton’s tenure. They’ve already flipped over 40 seats.
• Stocks tumble: Global stocks are reeling following a steep sell-off on Wall Street over anticipation that Democrats could stymie an AI investment boom that has driven global stocks to record highs.
• Mississippi race: Democratic and Republican allies are closely watching the counting of provisional ballots in the Senate race. Democratic nominee Scott Colom is confident that he’ll win against Sen. Cindy Hyde-Smith, whose allies think there are enough GOP-leaning districts with votes still to be counted.
