Capitol Report: Buttigieg, Sanders in tight Iowa race as results begin coming in

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Pete Buttigieg held an early lead in Iowa’s caucuses as the state Democratic Party began releasing results after a delay.

Pete Buttigieg and Bernie Sanders were locked in a tight race as Iowa’s Democratic Party began releasing caucus results after a delay on Monday.

With 62% of Iowa precincts reporting, Buttigieg had 27% of the state delegate count to Sanders’ 25%. The pair were followed by Elizabeth Warren in third place with 18% and Joe Biden at 16%.

The announcement followed confusion sown Monday night by what the party called a “coding issue” in an app used to determine results of the first-in-the-nation caucuses. Candidates quickly pivoted to New Hampshire, which holds its primary on Feb. 11, and where the contenders will debate on Friday.

Late Monday, candidates including Biden, Buttigieg, Amy Klobuchar, Warren and Sanders sought to spin the inconclusive Iowa results in their favor as party officials scrambled to finalize the outcome.

“I have a good feeling that we’re going to be doing very, very well here in Iowa” when the results are known, Sanders said.

Read: Iowa caucus results delayed as candidates see ‘long night.’

President Donald Trump seized on the app issues and delayed Iowa results, calling the caucuses an “unmitigated disaster” in a tweet. “Nothing works, just like they ran the Country,” he said.

Also see: Who wins in delay for Iowa-caucus results? Biden, Bloomberg, Trump seen as the victors.

U.S. stocks SPX, +1.50%   traded sharply higher on Tuesday, as markets weighed the Chinese central bank’s effort to combat the economic impact of the coronavirus. Investors were also looking ahead to Trump’s State of the Union address, scheduled for 9 p.m. Eastern.

Read: How the stock market has reacted to State of the Union speeches.

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