Stocks rise to reach record highs; Bitcoin prices spike

Stocks rose on Monday, extending advances after stocks’ best week since November last week.

The Dow added more than 100 points, or 0.4%, to a fresh record high, and both the S&P 500 and Nasdaq also reached record intraday levels. Bitcoin prices spiked more than 12% to a record high of more than $43,000 after Tesla disclosed it purchased $1.5 billion of the cryptocurrency and may start allowing customers to use Bitcoin to purchase products.

Investor optimism over another round of fiscal…


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