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Hour in Review — 2026-11-04 00:00 UTC 28 sources
US midterm election night dominated the hour. Polls first closed in parts of Indiana and Kentucky 1,2 after more than 57 million early ballots , with Republicans defending a 218–214 House majority and a 53–47 Senate majority 3. Polymarket gave Democrats a 96% chance at the House and 74% at the Senate, where they need a net gain of four seats and Cook rates seven races pure toss-ups 4. Early returns from only a couple of states show substantial swings in Indiana, possibly putting Victoria Spartz's R+8 seat in play 5. The AP Voter Poll frames the mood: about six in ten voters disapprove of Trump's handling of the presidency and favor more congressional checks on him 6, about 4 in 10 name the economy as the top issue 7, and roughly half call corruption and the cost of living crucial to their vote 8. The contest over the vote itself is the thread not to miss. Trump suggested he could use 'tremendous powers' if Democrats win 9. An appeals court restored the administration's power to seek removal of ballots suspected of being cast by noncitizens 10, even as courts have so far stopped nearly all of the DOJ's push for federal control over state-run elections 11. Voting was disrupted by floods and machine glitches 12, including temporary polling sites in eight Florida counties 13, though officials called the technical problems minor 14. Separately, an Oklahoma man was charged with mailing white-powder hoaxes to election officials 15, and Susan Collins' office was vandalized with a 'blood on your hands' message 16. Iran sits alongside the vote. Tehran rejected Washington's response to a peace proposal after fresh US strikes 17, and advisers reportedly said new attacks could follow soon after the midterms 18. Iran's closure of the Strait of Hormuz drove up US gasoline prices . Oil was subdued amid hopes for US-Iran diplomacy and Trump's halting of Israel aid 19, a move Marjorie Taylor Greene said shows how bad the polling is 20. In markets, S&P 500 futures edged up on AMD's strong earnings as traders awaited results 21. AMD's data center revenue surged 97% 22, and the company forecast about 50% annual server CPU market growth through 2030 23. PIMCO's CEO, by contrast, warned the AI spending spree could end in a downturn 24. Corporate news included CVS Health's plan to split its drugstores from its insurance and pharmacy-benefit operations 25 amid political pressure on PBMs 26. Canva is cutting 22% of staff, or 1,271 employees, after its first growth slowdown in a decade 27,28. The large batch of insider filings was routine.
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