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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