Wall Street rises ahead of Georgia Senate election results

Wall Street shares gained on Tuesday in choppy trading, as investors took advantage of the previous session’s slump to buy them back, ahead of the outcome of the Senate runoff elections in the battleground state of Georgia.

The Georgia election will determine the balance of power in Washington.

Overall, Analysts expect the stock market to consolidate December’s gains in January, as asset managers looked to rebalance their portfolios that had been heavily tilted toward equities.