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Provided by Dow Jones By Will Horner U.S. tech-stock futures tumbled Wednesday as investors reacted to early results from Georgia's runoff elections, betting that the Democrats were poised to take control of the Senate. Futures tied to the technology-heavy Nasdaq-100 index fell 1.7% on expectations that a Democrat-controlled Congress would lead to higher taxes and tighter regulations on tech giants. S&P 500 futures were down 0.3%. Dow Jones Industrial Average futures rose 0.2%, while those tied to the Russell 2000, which tracks smaller stocks, were up 1.2%...

Provided by Dow Jones By Will Horner and Caitlin McCabe Investors piled into shares of economically sensitive companies and dumped big technology stocks Wednesday, betting Democrats are poised to take control of the Senate and usher in another round of stimulus. The Dow Jones Industrial Average, composed mostly of cyclical stocks, jumped about 400 points, or 1.3%, in recent trading, led by shares of banks and manufacturers. The yield on the benchmark 10-year U.S. Treasury note rose above 1% for the first time since March. Gold prices fell 2.3%--their biggest one...

Tech Stocks Open Lower as Democrats Lead in Georgia Elections 01/06/2021 | 10:48am EDT Send by mail : Message : By Will Horner Tech shares fell in early trading Wednesday as investors bet that the Democrats were poised to take control of the Senate following early results from Georgia's runoff elections. The Nasdaq Composite Index declined 1% on expectations that a Democrat-controlled Congress would lead to higher taxes and tighter regulations on tech giants. The broader S&P 500 fell 0.4%, while the Dow Jones Industrial Average lost 0.2%. The Russell 2000, which tracks small...

Provided by Dow Jones By Will Horner and Caitlin McCabe Investors piled into shares of economically sensitive companies and dumped big technology stocks Wednesday, betting Democrats are poised to take control of the Senate and usher in another round of stimulus. The Dow Jones Industrial Average, composed mostly of cyclical stocks, surged more than 600 points, or 2%, led by shares of banks and manufacturers, while the yield on the benchmark 10-year U.S. Treasury note rose above 1% for the first time since March. Gold prices fell 2.3%--their biggest one-day loss s...

Provided by Dow Jones By Will Horner U.S. technology stocks fell Wednesday as investors bet that the Democrats were poised to take control of the Senate following early results from Georgia's runoff elections. The tech-heavy Nasdaq Composite tumbled 0.9% shortly after the opening bell on expectations that a Democrat-controlled Congress would lead to higher taxes and tighter regulations on tech giants. The Dow Jones Industrial Average, in contrast, rose 0.9%, or roughly 270 points, and the S&P 500 edged up 0.2%. The Russell 2000, which tracks smaller stocks...