US stocks trade mixed as investors await results of Georgia runoff elections

• US stocks were mixed on Tuesday morning as investors awaited the results of the two runoff elections in Georgia that will determine which party controls the US Senate.
• Monday was the stock market's first negative trading session to start a year since 2016, as investors nervously eyed rising coronavirus cases in the US and renewed lockdown restrictions in the UK. New York state also confirmed its first case of a new virus strain.
• $4.

US stocks were mixed on Tuesday morning as investors awaited the results of the two runoff elections in Georgia that will determine which party controls the US Senate.

John Stoltzfus, Oppenheimer's chief investment strategist, said it appeared that the market had priced in a Republican victory in at least one of the elections. He predicted that $4 if Democrats flip the Senate.

"Increased uncertainty over taxes and spending could likely weigh on the equity market at least until the intentions of the Biden Administration are given greater definition as to what a new tax regime might look like and how much any expansion of the government and its services would cost," Stoltzfus said in a note on Monday.

Monday was the stock market's first negative session to start a year since 2016, as investors eyed increasing coronavirus cases. The UK announced $4 until at least mid-February to combat the surge in COVID-19 cases and a new strain of the virus. New York Gov. Andrew Cuomo said Monday that the state had confirmed its first case of the new strain.

Here's where US indexes stood at 9:30 a.m. ET on Tuesday:

• $4: 3,695.72, up 0.07%
• $4: 30,253.62, up 0.12% (37.16 points)
• $4: 12,704.27, up 0.12%

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The billionaire fund manager Bill Ackman's Pershing Square $4, breezing past the benchmark S&P 500's 16% gain for the year and surpassing its record of 58% set in 2019.

Twitter founder Jack Dorsey $4 attacking proposed US government regulation that would require companies to collect the names and addresses of people making large cryptocurrency transactions. The regulation is designed to make it easier for law enforcement to track illicit transactions, but Dorsey said it would have the opposite effect.

Oil prices were higher. $4 rose 2.44%, to $48.78 per barrel. $4, oil's international benchmark, was up 2.11 %, to $52.17 per barrel.

$4 was up by 0.34%, to $1,953.20 per ounce.

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