Dow Rallies, Tech Stocks Slip as Democrats Lead in Georgia Elections
Provided by Dow Jones By Will Horner The Dow rose, while U.S. technology stocks slipped 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 edged down 0.2% 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 1.1%, or roughly 325 points, and the S&P 500 added 0.6%. The Russell 2000, whic...