Dow Industrials Recede From 26,000 as Early Gains Fade
  • 6 years ago
Dow Industrials Recede From 26,000 as Early Gains Fade
By The Associated Press
Losses by industrial and technology companies helped pull U. S. stocks lower Tuesday, pulling the market back from its latest record highs.
Energy stocks also fell as crude oil prices declined.
The price of bitcoin slumped, deepening its slide this year, after South Korea’s top financial policymaker said
that banning trading in digital currencies was an option.
The price of bitcoin soared last year after starting 2017 under $1,000,
but has been hurt this year amid signs of potentially increased scrutiny from governments.
Benchmark U. S. crude fell 57 cents to $63.73 per barrel.