Analysts View 6 - Markets react to the U.S. election

(Reuters) - Results are coming in for the U.S. Presidential election between Democratic incumbent Barack Obama and Republican challenger Mitt Romney. S&P 500 futures have dropped sharply since polling results started to come in, and are now down 14 points, nearly 1 percent.

President Obama is projected by U.S. television networks to have won in swing states New Hampshire and Wisconsin, as well as Pennsylvania, where Romney made a late play to try to grab the state.