Earlier, CNN projected that Republican Mitt Romney won Kentucky in Tuesday's presidential election. Kentucky has eight electoral votes and was considered to be a likely Romney victory.
CNN also projected that Democratic President Barack Obama won Vermont in Tuesday's presidential election. Vermont has three electoral votes and was considered to be firmly in Obama's camp.
Romney wins Mississippi, according to AP. Obama wins Pennsylvania, projects Bloomberg, Fox News, and NBC.
Romney leads, in CNN projections. He gets 152 electoral votes as opposed to Obama with 123. Romney needs 270 electoral votes to become the next president of America.
Obama will win Pennsylvania, CNN projects. Pennsylvania has 20 electoral votes. Though Romney still has a slight advantage at 152 electoral votes, Obama gets a boost with 143 electoral votes.
In the race for US Senate, democratic candidates Elizabeth Warren and Joe Donnelly win in Massachusetts and in Indiana (beating Republicans Scott Brown and Richard Mourdock, who made controversial comments on rape), projects CNN.
Obama will win important swing state New Hampshire and its 4 electoral votes, CNN projects.
It was also projected that Romney would win Utah's 6 electoral votes.
Romney leads the President 158 electoral votes to 147 electoral votes.
Obama to get Minnesota, Romney Arizona, projects CNN.
Obama wins California, Wisconsin and his home state of Hawaii, CNN projects.
This gives Obama a lead at 238 electoral votes. Romney stands at 191.
Obama wins Iowa, CNN projects.
The president wins New Mexico, CNN projects. This takes Obama's total to 249. He needs 270 electoral votes to retain his office.
CNN predicts that Obama would get another 4 years in office.
ABC News has also projected that Obama will be re-elected, emerging victorious in what had been a deadlocked race into the final hours of the campaign
"We're all in this together. That's how we campaigned, and that's who we are. Thank you. Four more years," Obama, who will speak shortly, Tweets.
Obama hugging Michelle after win most popular tweet of all time
The photograph has become the most popular tweet of all time just 22 minutes after it was posted, Buzzfeed reports.
'America has chosen another leader'
Governor Mitt Romney concedes defeat. Here's what he's speaking at the Boston Headquarter:
With true grace, Romney accepts his defeat.
Click here to read in detail what he said
Mr and Mrs Romney stand on the stage and are being greeted by his sons and their families.
Pictures: Mitt Romney concedes defeat
In a few minutes, we will see Obama making his victory speech.
Barack Obama is yet to leave his hotel for the Headquarter.
The vice president and the president are now on their way to the Obama HQ
Only one state remains undecided yet amd that is the state of Florida.
India congratulates Obama
India, is reportedly among the first nations to congratulate Obama.
Here's what the External Affairs Ministry said:
The Government and people of India send their congratulations to President Obama on his winning a second mandate from the people of the USA who have expressed their will in the great tradition of democracy in their country.
The best is yet to come: Obama's victory speech
Barack Obama walks in to loud cheers and to the tune of Stevie Wonder's Signed, Sealed Delivered, I'm Yours. with his family. As his family walks to their seats, Obama takes the mike.
The cheers get louder. Here's what he said:
'I would't be the man I am today without the woman who got married to me 20 years ago'
'A decade of war has ended'
With hoards of people congratulating him amid grand celebrations, the president looks calm and composed.
As they wave to the crowd, the president, the first lady, the vice president and his wife walk off the stage.
Attendees celebrate during US President Barack Obama's election night rally in Chicago
Photo courtesy: Reuters
Read the entire victory speech by US President Barack Obama
Indian Prime Minister Manmohan Singh congratulated US President Barack Obama on his re-election, saying that he looks forward to continue working with him.
The Republican Party will retain control of the House of Representatives, CNN projects.