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Photo: Justin Sullivan/Getty Images

Joe Biden told supporters in New Hampshire Wednesday that the Iowa caucus results were "a gut punch," per AP.

Where it stands: With 71% of precincts reporting in Iowa, Biden stands in fourth place, behind Pete Buttigieg, Bernie Sanders and Elizabeth Warren.

  • "We took a gut punch in Iowa, the whole process took a gut punch," Biden said. "This isn't the first time in my life I've been knocked down."
  • "I'm not going anywhere. And I'm counting on New Hampshire. We're going to come back," he added.
  • He also directly took on Sanders and Buttigieg, attacking the former's democratic socialism and the latter's thin electoral resume.

The state of play: Should it hold, Biden's fourth-place finish in the first-in-the-nation caucuses could prove detrimental to his pitch as the most electable candidate — which was the main thrust of his argument as he toured Iowa in recent months.

  • "We view Iowa as the beginning, not the end," said Biden surrogate Symone Sanders in the Iowa run-up, calling the first four contests — Iowa, New Hampshire, Nevada and South Carolina — "four parts of one whole."

Go deeper: How Trump will use the Iowa caucus meltdown

Go deeper

Dion Rabouin, author of Markets
58 mins ago - Economy & Business

How the tech stock selloff is hurting average Americans

Expand chart
Data: FactSet; Chart: Axios Visuals

Investors holding the ultra-popular Nasdaq 100 and S&P 500 index funds have been hard hit over the last two weeks as tech shares have been roiled by rising U.S. Treasury yields.

Why it matters: Even though the economy is growing and many U.S. stocks are performing well, most investors are seeing their wealth decline because major indexes no longer reflect the overall economy or even a broad swath of public companies — they reflect the performance of a few of the country's biggest companies.

1 hour ago - World

UN rights chief: At least 54 killed, 1,700 detained since Myanmar coup

A Feb. 7 protest in Yangon, Myanmar. Photo: Getty Images/Getty Images

Police and military officers in Myanmar have killed at least 54 people during anti-coup protests, while "arbitrarily" detaining over 1,700 people, United Nations Human Rights Commissioner Michelle Bachelet said Thursday.

Why it matters: Protesters have demonstrating across Myanmar for nearly a month, demanding the restoration of democracy after the country's military leaders overthrew its democratically elected government on Feb. 1.

3 hours ago - Health

The danger of a fourth wave

Expand chart
Data: The COVID Tracking Project, state health departments; Note: Anomalous Arkansas case data from Feb. 28 was not included in the calculated change; Map: Andrew Witherspoon/Axios

The U.S. may be on the verge of another surge in coronavirus cases, despite weeks of good news.

The big picture: Nationwide, progress against the virus has stalled. And some states are ditching their most important public safety measures even as their outbreaks are getting worse.

You’ve caught up. Now what?

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