GLOBAL MARKETS-Stocks mostly higher, bond yields jump on Georgia result; protests at U.S. Capitol erode gains

* S&P 500, Dow end higher; Nasdaq ends down
* Protests force evacuation of U.S. Capitol building
* Oil prices gain
* Spot gold prices fall

(Updates with U.S. markets' closing levels)
By Caroline Valetkevitch
NEW YORK, Jan 6 (Reuters) - Global stock indexes were mostly
higher and 10-year U.S. Treasury yields topped 1% for the first
time since March but stocks ended off session highs after
hundreds of protesters stormed the U.S. Capitol and sought to
force Congress to undo President Donald Trump's election loss.
The gains followed results from Tuesday's runoff elections
in Georgia that by late in the day gave Democrats control of the
U.S. Senate. The Dow and S&P 500 ended up and the Nasdaq
finished lower.
The sweep of the two Senate seats up for grabs in Georgia
gave the Democratic Party control of both houses of Congress and
boosted the prospects for President-elect Joe Biden's
legislative agenda. Investors snapped up financial and industrial stocks on bets
that a Democrat-controlled Congress would lead to more fiscal
stimulus and infrastructure spending. Technology shares fell .SPLRCT amid concern over increased
regulatory scrutiny of technology mega-caps under Democratic
control.
"What investors are trying to figure out is how quickly the
Democrats would be able to introduce their tax agenda if they
take control of the Senate, and would they be more likely to act
on regulation on big tech," said Quincy Krosby, chief market
strategist at Prudential Financial in Newark, New Jersey.
She called the protests in Washington "the manifestation of
a very divided Republican Party," and added she was confident
the authorities would soon get them under control.
The Dow Jones Industrial Average .DJI rose 437.8 points,
or 1.44%, to 30,829.4, the S&P 500 .SPX gained 21.28 points,
or 0.57%, to 3,748.14 and the Nasdaq Composite .IXIC dropped
78.17 points, or 0.61%, to 12,740.79.
The pan-European STOXX 600 index .STOXX rose 1.36% and
MSCI's gauge of stocks across the globe .MIWD00000PUS gained
0.45%.
Bond yields rose with prospects increasing for further
economic stimulus measures. Benchmark 10-year notes US10YT=RR
last fell 24/32 in price to yield 1.0355%, from 0.955% late on
Tuesday. In the currency market, the dollar was little changed after
sinking to its lowest level in nearly three years. The dollar index =USD fell 0.086%, with the euro EUR= up
0.27% to $1.2327.
Oil prices rose to their highest levels since February after
Saudi Arabia announced a big voluntary production cut and on a
fall in U.S. crude inventories. Brent crude LCOc1 settled up
1.3%, at $54.30 a barrel, while U.S. crude futures CLc1
settled 1.4% higher at $50.63.
Spot gold XAU= dropped 1.6% to $1,918.06 an ounce.

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