Happy Wednesday! We are 12 days away from the first bank holiday of the year (MLK Day)
☕️ As you wake up, Democrats are on the cusp of taking the Senate majority after Raphael Warnock won his special election in Georgia while the other race is too-close-to-call (Politico) and D.C. prepares for protests around the nation’s capital today when Congress meets to ratify the winner of the presidential election (ABC News)
Futures tied to the technology-heavy Nasdaq 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% and Dow Jones Industrial Average futures rose 0.2% (Wall Street Journal)