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Election night brought a series of dramatic developments, unexpected results and closely contested races across the US. We have put together this video capturing the key moments and offering a quick overview of one of the most important nights in US politics:

The Senate race in Mississippi has become one of the most closely watched contests in the midterms, with Republican incumbent Cindy Hyde-Smith and Democratic challenger Scott Colom separated by a remarkably narrow margin.

This blog has now closed – our live US midterms results coverage continues here

Wall Street surged at the open, after Democrats scored historic victories in midterm elections and secured control of US Congress.

The Dow Jones rose 2%, while the tech-heavy Nasdaq and the benchmark S&P 500 both gained more than 1%. That’s quite a reversal: Overnight, stock futures fell sharply as investors worried about the prospect of tougher regulation of the AI sector and the impact on economic growth.

The Democrats have had a resounding win, taking control of the Senate and the House of Representatives in a historic midterms result. Hosts Reged Ahmad and Jonathan Yerushalmy examine what went wrong for the Republicans and why voters turned out in droves to deliver the blue wave so many predicted.

But perhaps the biggest surprise of the night was Donald Trump accepting the result and vowing to work with the Democrats. So will he? Or could this make him more dangerous?

Read more:

Democrats win control of Senate as US voters reject Trump’s agenda

US voters rebuke Trump as Democrats win control of Congress in ‘blue wave’

Analysis: Resounding wins for Democrats a wholesale rebuke of Trump’s Maga movement

Iranian state media reported the sound of explosions on the island in the strait of Hormuz, coming on the eve of crucial US midterms

The ⁠US launched limited strikes on ​Iran’s Qeshm Island late on Monday, ⁠according to reports in US media, hours after vice-president JD Vance said he was optimistic diplomatic efforts to end the war were moving in the right direction.

The strikes were reported as being “defensive”, and not thought to be a signal of a return to full hostilities, but came on the eve of crucial midterm elections in which Donald Trump’s Republican party is expected to be punished by voters for the cascading effect the war has had on the US cost of living.