The U.S. equities futures fell with the U.S. Treasury on Wednesday amid concerns about the implications of a possible Democrat victory in Georgia’s tough Senate race. Most Asian stocks fell. S&P 500 contracts retreated and 10-year Treasury yields rose to near-1 levels. The Nasdaq 100 futures traded up more than 1%. Some strategists argue that a democratic double victory would mean additional stimulus, tax increases, and more regulation. On Tuesday, the US equity benchmark began its one-year recovery since its worst start in 2016. The dollar changed slightly after hitting its lowest level since February 2018 against major peers.