Investors eye election outcome as results trickle in

With voters at the polls throughout the United States, investors expect a Republican takeover of the U.S. Republicans would need to gain a net six seats in the Senate to gain control of the 100-seat body. With Republicans in control of both houses of Congress and a Democrat in the White House, more of the gridlock that has characterized most of the six years of President Barack Obama's tenure is widely expected. "Republican control of Congress would not end Washington’s dysfunction nor penchant for inaction," William Lee, strategist at Citi Research, wrote on Tuesday.

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