Thursday, November 7, 2024

Good Morning! On this day in 1962, after losing the governor's election in California, Richard Nixon gave what he called his “last press conference,” telling reporters that “you won't have Nixon to kick around anymore.” Six years later, he was elected president.

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Trump Overperforms with Minority Voters

Women, Latino, black, youth, and white-and-suburban male voters were the five key demographics that led to President-elect Donald Trump’s dominant Election Day victory, according to an AP VoteCast analysis.

Trump received 54% of the Latino male vote, while Vice President Kamala Harris garnered 44%, marking a significant shift from 2020 when Biden led with 59%, representing a major realignment in that demographic.

Harris also underperformed with Latino women, winning by a 25-point margin compared to Biden’s 39-point lead in 2020.

Overall, according to exit polls, Trump won a majority of white and suburban male voters while securing about 13% of black voters and 45% of Latino voters, a significant increase from 2020, when he won 8% of black voters and 32% of Latino voters.

Stock Market, Bitcoin Skyrocket After Election

Financial markets surged Wednesday following Donald Trump's election win on Tuesday night.

The Dow Jones Industrial Average jumped 1,508.05 points to a record close of 43,729.93, the biggest single-day leap since November 2022. The S&P 500 and the Nasdaq also closed at record highs.

Bitcoin's response was more immediate. The cryptocurrency soared even before the election was officially called. It eventually climbed as much as 9%, reaching an all-time high above $75,000.

Meanwhile, the dollar also strengthened 1.65% against several currencies, including the Japanese yen, the pound, and the euro.

DOJ Weighs How to Drop Trump Cases

The Justice Department is assessing how to end two federal criminal cases against President-elect Donald Trump to align with its policy that a sitting president cannot be prosecuted, agency sources say.

Trump was indicted last year in two cases led by Special Counsel Jack Smith: one for alleged mishandling of sensitive government records and another for purportedly attempting to overturn the 2020 election.

This development would allow Trump to enter the White House without the burden of federal criminal prosecutions, which once posed potential felony convictions and prison sentences.

Former Attorney General William Barr has urged prosecutors to drop pending state and federal charges against Trump, advocating for the cases' dismissal before Trump assumes office again.

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➤ Vice President Kamala Harris on Wednesday conceded the 2024 presidential contest to President-elect Donald Trump during remarks at her alma mater, Howard University, in which she also encouraged a peaceful transfer of power. (More)

➤ President Joe Biden congratulated President-elect Donald Trump on his election win Wednesday, inviting him to the White House and stressing the need for unity. (More)

➤ A senior White House official confirmed the Biden administration plans to send billions in security assistance to Ukraine before January, aiming to support Kyiv before President-elect Trump's inauguration. (More)

➤ Iran’s currency hit an all-time low on Wednesday, trading at 703,000 rials to the dollar after Donald Trump’s reelection, signaling new challenges for Tehran amid ongoing Middle East conflicts. (More)

This election season has stirred up anger, anxiety, strife, and plenty of overwhelm, and the drama is sure to continue.

Since burying our heads in the sand is not a great option… The Pour Over is here to help election-weary believers stay informed and focused on Christ.

In their Monday-Wednesday-Friday newsletter, The Pour Over provides concise, neutral, and entertaining summaries of the world’s biggest news—paired with reminders to keep the big things big and the small things small. The news can actually be a force for good, pointing people to rest in Christ and spurring them on to loving action. Instead of, you know… creating a persistent feeling of impending doom.

For a news source that makes you hopeful instead of exhausted and overwhelmed, join 900,000+ Christians who receive TPO’s anger-and-anxiety-free, Christ-first news coverage. Learn more in their funny welcome email here!

➤ The College Football Playoff Rankings debuted on Tuesday. Oregon, Ohio State, Georgia, Miami, and Texas made up the top five. (See Rankings)

➤ The NBA suspended Philadelphia 76ers star Joel Embiid for three games without pay on Tuesday for shoving a reporter during a postgame altercation on Saturday. (More)

➤ Edmonton Oilers captain Connor McDavid returned to the lineup Wednesday against the Vegas Golden Knights after missing three games due to an ankle injury suffered on Oct. 28. (More)

Today's election section is brought to you by:

Election Countdown: +2 Days

Former Navy SEAL Tim Sheehy defeated Democratic Sen. Jon Tester in Montana on Wednesday, joining West Virginia and Ohio in flipping to give the GOP a Senate majority of at least 52 seats. (More)

In other congressional voting, control of the House remained uncertain Wednesday, with the GOP holding a 207 to 187 seat advantage and 20 races yet to be called. (More)

Israeli Prime Minister Benjamin Netanyahu, Hungary's President Viktor Orbán, and U.K. Prime Minister Keir Starmer were among world leaders who congratulated President-elect Trump on Wednesday, eager to reset diplomatic relations. (More)

Photojournalists captured Election Day reactions and emotions, with Trump supporters elated and Harris voters dejected as results unfolded. (See Photos)

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Daily Market Report 11/06/2024

▲	NASDAQ Natl. Assoc. of Securities Dealers Automated Quotations	18,983.46	2.95%
▲	SPX S&P 500	5,929.04	2.53%
▲	DJI Dow Jones Industrial Average	43,729.93	3.57%
▲	BTC Bitcoin	$75,805.65	9.29%
▼	GOLD Per Ounce	$2,668.90	-2.61%
▲	FMCCH Federal Home Loan Mortgage Corporation	$12.57	+86.78%

➤ Big Stock Move: Federal Home Loan Mortgage Corporation stock surged 87%, driven by investor optimism about its potential privatization following the election of Donald Trump. (More)

➤ Tech leaders, including Jeff Bezos, Tim Cook, and Sam Altman, congratulated President-elect Donald Trump on his election win, expressing hopes for collaboration on innovation. (More)

➤ CVS reported mixed Q3 earnings Wednesday, with rising medical costs squeezing profits. CEO David Joyner outlined turnaround efforts amid restructuring and store closures. (More)

➤ The Pentagon awarded its first generative AI defense contract to Jericho Security, a New York startup, for developing advanced cybersecurity tools under a $1.8 million deal. (See Details)

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Keep readers informed about the major headlines of the day
Keep readers focused on Christ

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➤ Scientists discovered a massive water supply 400 miles underground in a rock called ringwoodite, potentially holding three times more water than Earth's surface oceans. (More)

➤ The proposed SR-72 "Son of Blackbird" aircraft aims to succeed the SR-71, bolstering U.S. aerial superiority with hypersonic speeds to evade detection and deliver precision strikes. (See Photos)

➤ Japanese scientists have developed "planimal cells," hybrid plant and animal cells that combine algae chloroplasts with hamster cells, opening new possibilities for advancements in biotechnology and medicine. (More)

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➤ These vintage mall photos showcase bustling shopping centers from the 1950s through the 1990s, highlighting iconic moments like performances, holiday crowds, and retro fashion. (See Malls)

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➤ Hurricane Rafael intensified to a Category 3 as it neared Cuba, bringing 115 mph winds, life-threatening surges, and flash flood risks. The Florida Keys are expected to experience tropical storm conditions, including strong winds and heavy rain, starting Wednesday evening. (See Details)

➤ Doctors expressed concern over the health of astronauts Sunita Williams and Barry Wilmore, stranded on the ISS for over 150 days due to Boeing Starliner malfunctions, after seeing photos showing significant weight loss and muscle atrophy. (More)

➤ A Scandinavian cabin, available for $79,999 on Amazon, is a prefab tiny home blending minimalist design with modern amenities. The 400-square-foot, two-story house features a fully equipped kitchen, bathroom, and cozy upstairs bedroom. (See Photos)

Have you become your parents?

Yesterday's Results:

Is it too early for Christmas music?

Yes: 78.9%
No: 21.1%

Daily Quote

“Thank God for our firefighters that are here to help us when we need it.”

— Ken Levin, a California resident after evacuating his home due to the Ventura County Mountain Fire.

Today's Trivia

Which political cartoonist popularized the donkey and elephant as symbols for the Democratic and Republican Parties?

Show me the answer

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Markets Soar, 'Planimal' Cells, and Vintage Mall Photos

Thursday, November 7, 2024

Trump Overperforms with Minority Voters

Stock Market, Bitcoin Skyrocket After Election

DOJ Weighs How to Drop Trump Cases

Daily Market Report 11/06/2024

Daily Quote

Today's Trivia

Older messages

Trump Wins Presidential Election

Russian Plot Foiled, Times' Techs on Strike, and Surreal Dogs

Final Election Push, SNL Controversy, and a Police Force Quits

North Korean Troops, Ohio State's Big Win, and a Hungry Hungry Hippo

Bad Jobs Report, Transcript Shenanigans, and a Giant Pumpkin Boat

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