Biden’s victories come on the heels of polls showing big gains for him and markets plummeting after an emergency Fed cut.
According to Bloomberg, futures started ticking up right at 7 p.m. EST, when polls closed in Virginia and reports began appearing that Biden had won the state.
“If...the party rallies behind Biden, and the economy gets to soft as the Fed thinks it is, then that's going to be a real horse race,” saidearlier on Tuesday, in terms of the former vice president’s chances against Trump should Biden become the Democratic nominee. Although delegates will be appropriated proportionally, Biden has almost 55% of Virginia’s vote compared to Bernie Sanders, according to CNN, with 99 delegates up for grabs in that state.following his South Carolina primary win and a slate of endorsements that appeared to show moderate support coalescing behind him.The rest of Super Tuesday results. California, however, could take weeks to fully report their results based on new voting rules designed to increase participation.
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