S&P 5007,785.76▼0.2% Nasdaq26,729.16▼0.3% Dow53,732.41▼0.2% Russell 2K3,068.42▲0.5% 10-Yr4.70%+6bp VIX14.25−0.38 WTI$82.40▲1.4% Gold$4,432.00▲1.6% EUR/USD1.157▲0.4% BTC$78,896▲0.4% Nikkei68,309▲1.2%
At close · Fri, Aug 14, 2026
Daily Market Updates.

Global Markets

HomeGlobal MarketsNorth AmericaAbdul El-Sayed wins Michigan Democratic Senate nominat…

Abdul El-Sayed wins Michigan Democratic Senate nomination

With 99% of estimated votes counted, he led Haley Stevens 48.5% to 47.5% in a race shaped by healthcare, economic policy, and calls to end unconditional military aid to Israel.

The Democratic Party’s progressive wing notched a high-profile victory in Michigan after Abdul El-Sayed won the party’s US Senate nomination, a result that Reuters framed as a boost for the faction’s anti-establishment message ahead of November’s midterm elections.

El-Sayed, a doctor, built his campaign around healthcare and economic issues, and he called for an end to unconditional military aid to Israel. He also became the first progressive to win a statewide primary in a state that President Donald Trump carried in 2024.

The nomination race turned into an election-night cliffhanger between El-Sayed and US Congresswoman Haley Stevens, a moderate backed by Democratic leaders and pro-Israel groups. By Wednesday, Associated Press reported that with 99% of estimated votes counted, El-Sayed was ahead 48.5% to 47.5%.

Reuters reported that El-Sayed characterized the win as a test of democracy, saying the people’s democracy would be what his side points to going forward.

More like this

Sources

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.