Nathan Hager

Peter Magyar's opposition Tiza party is on track to win with almost all votes counted.

And Bloomberg Chief Europe correspondent Oliver Crook has more from Budapest.

And Bloomberg Chief Europe correspondent Oliver Crook reporting from Budapest there.

Stocks in Hungary up two and a half percent on the election results.

Turning to politics at home now, Karen, Democratic Congressman Eric Swalwell is suspending his campaign for governor of California.

The decision follows a series of sexual assault allegations that threw his campaign into turmoil.

and prompted many of his backers to flee.

In a post on social media, Swalwell wrote, quote, I will fight the serious false allegations that have been made, but that's my fight, not a campaign's, end quote.

The seven-term congressman from the San Francisco Bay Area had been polling among top Democrats to succeed Gavin Newsom.

He's barred from seeking reelection due to term limits.

Well, in other news this morning, Nathan, history was made in Augusta.

Rory McIlroy is the Masters champ once again.

We get the details with Bloomberg's John Stashour.

John, good morning.

Good morning, Karen.

It was the 90th Masters, and yes, it ended as the 89th did a year ago.

And here we go.

His year again.

Rory is a rare repeat winner at Augusta.

SCBS to call.