Stocks drift, Bitcoin prices tumble on regulatory concerns in China

Stocks drift, Bitcoin prices tumble on regulatory concerns in China

Stocks extended gains on Tuesday, with equities steadying following concerns over the path forward for monetary policy. 

The S&P 500 advanced to end within striking distance of a record high. The Dow also added to gains, a day after the 30-stock index jumped by the most since March. The Nasdaq reached a record intraday and closing high.

Cryptocurrency prices were broadly lower as concerns over tighter regulatory actions from China continued to weigh, and tokens from Bitcoin (BTC-USD) to the…


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