By Emiliya Mychasuk, FT.com’s US news editor, and Alan Rappeport, FT reporter, in New York. All times are eastern standard.
8:56pm - Losing West Virginia makes it virtually impossible for Republicans to win the Senate, notes Ms Fifield. Democratic Senatorial Campaign Committee chairman Robert Menendez offered this congratulations for Mr Manchin:
“Congratulations to Senator-elect Joe Manchin for his victory tonight in West Virginia. Although nobody can ever take the place of former Senator Robert Byrd, Joe has been a tireless fighter for the people of his state for close to three decades. Despite the best efforts of National Republicans, who poured millions of dollars into the Mountain State, West Virginians cast aside the misleading attacks ads because they know Joe has always been there for them. I look forward to serving with Senator-elect Manchin, as he continues to put the people of West Virginia above all else.”
8:47pm – Mr Beattie, our International Economy Editor, looks for a silver lining for Mr Obama, and notes that signs of a Republican takeover of the House will make it easier for the president to push his free trade agreement as he heads to South Korea next week for the G20 meeting.