Republican Ted Budd has defeated Democrat Cheri Beasley, according to an Associated Press projection. The nonpartisan Cook Political Report had viewed the seat — currently held by retiring GOP Sen. Richard Burr — as “Lean R,” making the battle for it one of nine competitive Senate contests that would help determine which party controls the U.S. Senate.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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