Clinton Hits ‘Magic Number’ of Delegates to Clinch Nomination

June 7, 2016 Share Print 0

Hillary Clinton has secured a majority of delegates to the Democratic National Convention, NBC News projected on Monday evening — making the former secretary of state the presumptive nominee of the Democratic Party.

Clinton, whose first quest for the Democratic nomination ended in a concession speech almost exactly eight years ago to the day, now becomes the first woman ever to win the nomination of a major political party in the United States.

Clinton reached the majority of 2,383 delegates with a combination of pledged and unpledged “super delegates.” The new tally includes pledges from over a dozen new superdelegates as well as her accumulation of 36 pledged delegates in Sunday’s Puerto Rico primary.

CNBC

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Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA

Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.