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By The New York Times
Americans awoke Wednesday to the news that Donald J. Trump had once again won the White House, a remarkable political comeback that buoyed investors and drew congratulations from around the globe. His victory was confirmed just after 5:30 a.m. Eastern when he captured the battleground state of Wisconsin, putting him above the threshold of 270 electoral votes.
Mr. Trump’s supporters were celebrating a clear-cut win in what pre-election polls had suggested would be a tight race. It will take days for a final vote count, but Mr. Trump appeared on track to win not only the Electoral College but also the national popular vote. It was the best showing for a Republican presidential candidate since 2004.
He will return to office four years after his loss to Joseph R. Biden Jr. with the Senate in Republican hands. Control of the House of Representatives was not yet determined.
Vice President Kamala Harris’s defeat marks the second time in eight years that a woman became the Democratic Party’s presidential nominee only to fall short of a barrier-breaking victory. Ms. Harris’s campaign said she would address the nation on Wednesday.
U.S. stocks, the value of the dollar and yields on Treasury bonds all recorded gains as Mr. Trump’s victory became clear. Futures for the S&P 500 index were up more than 2 percent, reflecting expectations for higher deficits and more government spending.