Welcome to the Wednesday morning FT live blog on the 2012 election, beginning moments after Barack Obama renewed his pledge to unite America and tackle its looming problems, particularly the so-called “fiscal cliff”. If you want to relive a decisive night in US politics, you can do it here. President Obama’s victory speech is here. We’ll track reaction from markets and governments around the world. By Anjli Raval and Arash Massoudi in New York and Ben Fenton and John Aglionby in London. (Times in GMT)
21.20: We’re signing off now, thank you for following the US election 2012 live blog.
21.16: As we shut down the blog for the day, here is a final look at US markets from Vivianne Rodrigues, US capital markets reporter, at the close of play:
“All major benchmark indices declined by more than 2 per cent. Wall Street’s S&P 500 suffered their worst day of losses since June, ending the session below the 1,400 mark. US treasuries yield fell over 10 basis points as investors fled riskier assets for haven investments such as top tier government bonds. The 10-year note yield ended the session at 1.64 per cent. Meanwhile, the dollar index rose 0.2 per cent and gold prices see-sawed wildly before ending the session slightly higher at $1,717 a troy ounce.”