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STEVE INSKEEP, HOST:

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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STEVE INSKEEP, HOST:

Now, four years ago, the most surprising state on the electoral map was Indiana. That Republican-leaning state went for President Obama. Last night, Indiana returned to the Republican column for Mitt Romney, also elected a new Republican Governor, Mike Pence. But Indiana did not vote Republican for U.S. Senate. Richard Lugar, the longtime incumbent, lost a primary earlier this year, and his replacement on the Republican ticket lost last night.

NPR's Sonari Glinton reports from Indianapolis.

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."

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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STEVE INSKEEP, HOST:

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?