U.S. Markets open in 4 hrs 48 mins

NYC mayoral race: Round 1 is in the books

Former MTA Chairman Joe Lhota clinched the Republican nomination, while Public Advocate Bill de Blasio came out with a strong lead on the Democratic side, but it's unclear whether he'll avoid a runoff. RealClearPolitics National Reporter Scott Conroy joins CBS News Election Director Anthony Salvanto to explain where the race goes from here.