Biden wins Minnesota

The AP gives the Minnesota win to Biden - not a surprise, but as we mentioned earlier, it will give the Democrat candidate the opportunity to "give up" one of the tight swing states to Trump. What's more interesting, the realclearpolitics portal for the first time in several hours evaluates Biden's chances higher - contrary to earlier expectations, he has not lost in Georgia and North Carolina yet.

Source: RCP

Markets react calmly for now, US500 and US100 hold to most of their gains. However, a Biden win and a quite possible Republican win in the Senate would not be good news for investors.

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Morning wrap (22.10.2025)

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Biden wins Minnesota

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