Nasdaq futures slide as investors bet Democrats could win the U.S. Senate and as U.S.-China tensions escalate; Alibaba reportedly plans a $5 billion bond sale; the NYSE could again reverse course on Chinese telco delistings.

Investors trade cautiously and boost stocks on Tuesday ahead of the two key Senate runoff elections in Georgia.

Jim Cramer discusses the latest stock market news including change of leadership at Qualcomm, NYSE not delisting Chinese telcos and the Georgia runoffs.

Stocks moving in premarket trading on Tuesday include Netflix, Micron and Mondelez.

China Mobile and China Unicom shares surged higher Tuesday after the New York Stock Exchange scrapped plans to delist three China-based telecoms companies with alleged ties to the military.

Stock futures turn lower following sharp losses on the first trading day of 2021; the NYSE reversed its decision to delist shares of Chinese telecommunication companies; Haven healthcare venture disbands.

Apple CEO Tim Cook says he has 'great hope' that some apps that Apple previously pulled will return to its Chinese App Store.

Unicom is the weakest of China's three state-owned telecom firms.

UPS topped Street forecasts for its fourth quarter earnings, but a slump in international deliveries kept revenue gain in check.

GM blasted Street profit forecasts with adjusted earnings of $2.12 per share on revenues of $43.1 billion.

“While our results clearly benefited from a favorable market, the counter-cyclical investments we made before and during the pandemic provided the energy and products people needed," said CEO Darren Woods.