Americans head to the polls today in what is widely viewed as a referendum on Trump's second term. Polling stations opened at 6am ET in eastern states including New York, Virginia, and parts of Indiana and Kentucky .

Key Seats Up for Grabs:

· House: All 435 seats. Republicans hold a narrow majority—Democrats need a net gain of just 3 seats to flip control .

· Senate: 35 of 100 seats. Republicans hold 53, Democrats and aligned independents hold 47. Democrats need a net gain of 4 seats for a majority .

· Governors: 36 state governorships are being contested .

Top Issue: The economy and cost of living. An AP-NORC poll found roughly 85% of voters rank the economy among their most important issues, with about 8 in 10 disapproving of Trump's handling of the cost of living .

Market Implications: Expect uncertainty to weigh on risk appetite. The House majority may become clear late tonight, but Senate control could take days or even weeks to determine—especially with tight races across seven states and mail-in ballot processing delays . Alaska is the last state to close polls at 1am ET Wednesday

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