WASHINGTON (AP) — Donald Trump won the presidency after holding tight to his core base of voters and slightly expanding his coalition to include several groups that have traditionally been a part of the Democratic base. That finding comes from AP VoteCast, a sweeping survey of more than 120,000 voters nationwide that shows what issues mattered to voters in this election.
Trump picked up a small but significant share of Black and Hispanic voters, and made narrow gains with men and women. As Trump chipped away at parts of the Democratic coalition, Vice President Kamala Harris wasn’t able to make enough of her own gains. Trump succeeded in locking down his traditionally older, white base of voters, and he slightly expanded his margins with other groups into a winning coalition.
A look at how five key demographic groups voted, according to AP VoteCast.
Slightly more than 8 in 10 Trump voters in this election were white, roughly in line with 2020. About two-thirds of Harris' voters were white, and that largely matched President Joe Biden ’s coalition in the last election. White voters make up a bulk of the voting electorate in the United States, and they did not shift their support significantly at the national level compared to 2020.
A majority of white voters cast their ballot for Trump, unchanged from the 2020 election that he narrowly lost. About 4 in 10 white voters backed Harris, which is about the same as Biden received in 2020. White voters were also more likely to support Trump over Harris and Biden in Pennsylvania, Michigan and Wisconsin, even though Trump lost those states in 2020.
Trump was able to make slight inroads with Black voters nationally, who made up about 1 in 10 voters across the country.
Nationally, about 8 in 10 Black voters supported Harris. But, that was down from about 9 in 10 in the last presidential election who went for Biden.
Trump about doubled his share of young Black men – which helped him among key Democratic voting group. About 3 in 10 Black men under the age of 45 went for Trump, roughly double the number he got in 2020.
While Harris won more than half of Hispanic voters, that support was down slightly from the roughly 6 in 10 Hispanic voters that Biden won.
Hispanic voters were more open to Trump than they were in 2020. Roughly half of Latino men voted for Harris, down from about 6 in 10 who went for Biden.
Trump benefitted from narrow gains among both men and women, with Harris modestly underperforming compared with Biden in 2020.
Harris had the advantage among women, winning 53% to Trump’s 46%, but that margin was somewhat narrower than Biden’s. Biden won 55% of women, while 43% went for Trump. His support held steady among white women — slightly more than half supported him, similar to 2020.
Trump made a similar gain among men, with a modest shift increasing his advantage.
The shifts by gender were concentrated among younger voters, as well as Black and Latino voters. White voters across genders and older voters across genders voted similarly in 2024 as they did in 2020.
AP VoteCast is a survey of the American electorate conducted by NORC at the University of Chicago for Fox News, PBS NewsHour, The Wall Street Journal and The Associated Press. The survey of more than 120,000 voters was conducted for eight days, concluding as polls closed. Interviews were conducted in English and Spanish. The survey combines a random sample of registered voters drawn from state voter files; self-identified registered voters using NORC’s probability based AmeriSpeak panel, which is designed to be representative of the U.S. population; and self-identified registered voters selected from nonprobability online panels. The margin of sampling error for voters is estimated to be plus or minus 0.4 percentage points. Find more details about AP VoteCast’s methodology at https://ap.org/votecast.
Republican presidential nominee former President Donald Trump waves as he walks with former first lady Melania Trump at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. (AP Photo/Evan Vucci)
How 5 key demographic groups voted in 2024: AP VoteCast
How 5 key demographic groups voted in 2024: AP VoteCast
NEW YORK (AP) — U.S. stocks ticked higher ahead of the Federal Reserve’s announcement about what it will do with interest rates. The S&P 500 was up 0.4% in early trading Thursday, though momentum slowed sharply from its surge a day before following Donald Trump’s presidential victory. The Dow Jones Industrial Average edged up 20 points, and the Nasdaq composite was 0.7% higher. Healthcare services company McKesson jumped 10% after reporting stronger profit than analysts expected. Lyft soared 25.8% after the ride-hailing app breezed past Wall Street’s sales and profit forecasts. Treasury yields eased in the bond market after surging a day earlier.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
Wall Street pointed toward modest gains early Thursday after storming to records a day earlier on former President Donald Trump's presidential election victory.
Futures for the S&P 500 rose 0.3% before the bell and the Dow Jones Industrial Average ticked up 0.2%
Investors pored over a deluge of mixed corporate earnings reports as they prepare to turn their attention to the Federal Reserve’s decision on interest rates, due later in the day.
Lyft jumped close to 24% in extended trading overnight after the ride-hailing app breezed past Wall Street's sales and profit expectations and raised its forecast for the fourth quarter and full year.
Chipmaker Qualcomm climbed 7% after beat analysts' forecasts after its third-quarter net income nearly doubled from the same period a year ago. Arm Holdings also beat Wall Street targets, but the British chipmaker's guidance disappointed investors and its shares fell 6.5% before the bell.
Match Group tumbled 14% after the dating app brand missed revenue targets as its most popular app, Tinder, continued to underperform.
In Europe at midday, Germany’s DAX gained 0.8% the CAC 40 in Paris was nearly unchanged.
Britain's FTSE 100 edged down 0.2% after the Bank of England cut its main interest rate by a quarter of a percentage point to 4.75% on Thursday. The latest cut comes afte r inflation in the U.K. fell to an annual rate of 1.7%, its lowest level since April 2021.
Inflation in the U.S. has retreated on a similar track, and the broad expectation is that the Federal Reserve will cut its rate by another quarter-point later Thursday.
Much of Wall Street’s run to records this year was built on expectations for cuts to interest rates by the Federal Reserve, as inflation has headed back down to its 2% target. Easier interest rates help boost the economy, but they can also give inflation more fuel.
In Asia, Japan's Nikkei 225 fell 0.3% to 39,381.41, reflecting worries over the potential for a revival of trade tensions under a Trump administration.
“I think everybody’s going to be worried about Trump's tariffs because that’s one of the things in his playbook. And so we’ll have to see how things develop in the early stages of his presidency this time," said Neil Newman, head of strategy for Astris Advisory Japan.
South Korea's Kospi finished nearly flat, at 2,564.63. Australia's S&P/ASX 200 rose 0.3% to 8,226.30.
Chinese shares rallied after the government reported that exports jumped nearly 13% in October over a year earlier, the fastest pace in more than two years and far outpacing the 2.4% increase in September.
Hong Kong's Hang Seng gained 2% to 20,953.34. The Shanghai Composite index was up 2.6% at 3,470.66.
Trump has promised to slap blanket 60% tariffs on all Chinese imports, raising them still more if Beijing makes a move to invade the self-governing island of Taiwan.
Investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean. Higher tariffs on imports from China would add to the burdens Beijing is facing as it struggles to revive slowing growth in the world's second-largest economy.
But the impact may be less drastic than feared, Zichun Huang of Capital Economics said in a report.
“We expect shipments to stay strong in the coming months –- any drag from potential Trump tariffs may not materialize until the second half of next year," Huang said.
Still, higher tariffs on imports from China, Mexico and other countries would raise the risk of trade wars and other disruptions to the global economy.
Trump's win raised expectations that Beijing may ramp up its spending and other stimulus to counter such trends. The Standing Committee of China's legislature is meeting this week and is expected to announce further measures by Friday.
Francis Lun, CEO of Geo Securities, said domestic issues were a greater concern than tariffs. "People want the government to spend some money to boost the economy, instead of looking outward,” he said.
In other dealings early Thursday, the U.S. dollar weakened against the Japanese yen, slipping to 153.86 yen from 154.62 yen. The euro rose to $1.0768 from $1.0730.
U.S. benchmark crude oil shed 75 cents to $70.94 per barrel. Brent crude, the international standard, lost 58 cents to $74.34.
The price of bitcoin settled in around $75,048 after hitting an all-time high above $76,480 on Wednesday. Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin.
A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Wednesday, Nov. 6, 2024. (AP Photo/Richard Drew)
Trader Edward McCarthy works on the floor of the New York Stock Exchange, Wednesday, Nov. 6, 2024. (AP Photo/Richard Drew)
A man passes a video monitor on the side of the New York Stock Exchange in New York's Financial District on Tuesday, Nov. 5, 2024. (AP Photo/Peter Morgan)
A board above the trading floor of the New York Stock Exchange shows the closing number for the Dow Jones industrial average, Wednesday, Nov. 6, 2024. (AP Photo/Richard Drew)
People pass the New York Stock Exchange in New York's Financial District on Tuesday, Nov. 5, 2024. (AP Photo/Peter Morgan)
A TV camera screen shows the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
Members of media stand near the screens showing the Korea Composite Stock Price Index (KOSPI), left, the foreign exchange rate between U.S. dollar and South Korean won and the Korean Securities Dealers Automated Quotations (KOSDAQ) at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A currency trader talks on the phone at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A tv cameraman films the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A currency trader walks by the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
A currency trader walks by the screens showing the foreign exchange rate between U.S. dollar and South Korean won at a foreign exchange dealing room in Seoul, South Korea, Thursday, Nov. 7, 2024. (AP Photo/Lee Jin-man)
