What to watch today: Nasdaq futures slump as control of Senate hangs in the balance

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Dow futures rose but Nasdaq futures fell Wednesday, with Senate control down to one of two runoff elections in Georgia.

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: Morgan Stanley raised its price target for Tesla to a Street-high $810 per share, following better-than-expected fourth-quarter deliveries. Morgan Stanley maintains an "overweight" rating on the stock. The shares rose 3% in premarket trading as of 7:47 a.m. ET.

: Deutsche Bank named Bank of America a "top pick," based on a positive outlook for bank stocks in general and the idea that BofA has strong cost controls, solid capital returns, and other positive factors. The shares gained 3% in premarket trading as of 7:47 a.m. ET.

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The stock market has been doing excellent while we have record unemployment and an eviction crisis. If it suddenly goes down when the GOP loses power, I say that's a good thing.

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