Morning Edition on Four Corners

For better or worse, the financial markets face a little less uncertainty — investors know who's going to be president for the next four years. Steve Inskeep talks to David Wessel, economics editor of The Wall Street Journal, about what the outcome of the presidential election means for the economy and financial markets.

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Five hundred thirty-eight electoral votes were up for grabs on Election Day. President Obama has won, so far, 303 of them, a comfortable majority. Mitt Romney has 206. Twenty-nine are still unaccounted for - the electoral votes of Florida. Too close to call there. Less than a percentage point divides the candidates. But down the ballot, Democrats did well. The party retained a Senate seat and picked up a few key congressional races as well. NPR's Debbie Elliott reports.

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For weeks, months - make that years - the conventional wisdom has been that the presidential election would all come down to Ohio, and Ohio would be very close. Well, that was partially right. Ohio was very close, but as NPR's Tamara Keith reports, not as pivotal as predicted.

TAMARA KEITH, BYLINE: Jack Shumate(ph) flew into Ohio last Thursday from Dallas, Texas. He came here because this was the place where he felt he could really make a difference for his candidate, Mitt Romney.

President Obama will spend another four years in the White House after winning more than 300 electoral votes. In his victory speech from Chicago, the president promised that the "best is yet to come."

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Here we are on election morning, and in the swing state of Nevada, most of the work is already done. Most of the ballots were cast in early voting. Nevada political journalist Jon Ralston has been keeping close track of the tallies. He's on the line.

Welcome to the program, sir.

JON RALSTON: Hi, Steve.

INSKEEP: So, in recent days, what have you been seeing?

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Next, we go to Des Moines, Iowa where Sadhya Dirks of Iowa Public Radio joins us. Good morning.

SADHYA DIRKS, BYLINE: Morning.

MONTAGNE: And where did you start out this morning? I gather it wasn't Des Moines.

DIRKS: I was in a suburb of Des Moines. It's a more conservative part of Des Moines. It's Johnston, Iowa and I was at the Evangelical Free Church there, just talking to some voters and seeing what the turnout was like.

MONTAGNE: And what was it?

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Republican Vice Presidential Candidate Paul Ryan cast his vote in his home state of Wisconsin this morning. To learn more about voting in that battleground state on this Election Day, we reached Shawn Johnson of Wisconsin Public Radio. He's in the town of Middleton, just outside the state capital, Madison. Good morning.

SHAWN JOHNSON, BYLINE: Good morning.

MONTAGNE: Well, tell us a little about Middleton - partly what the scene is there, but also what kind of place is it?

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This is MORNING EDITION from NPR News. I'm Renee Montagne.

STEVE INSKEEP, HOST:

And I'm Steve Inskeep. Good morning. People have been joking for weeks that the candidates are actually running for president of Ohio. That's how vital the state is, but here's a reminder about the electoral map. It is at least theoretically possible for either candidate to lose Ohio and still reach 270 electoral votes by winning some combination of other states. Many of those combinations include Florida.

It's at least theoretically possible for either candidate to lose the vital state of Ohio and still reach 270 electoral votes by winning some combination of other states. Many of those combinations include Florida — infamous for voting irregularities in 2000.

Renee Montagne talks to Josh Rogers of New Hampshire Public Radio about voting in rural and urban parts of the state. Election Day starts early, at 5 a.m., in much of the state, and there's a new voter ID law.